Exhibit 10-2 Labor and output data
Labor
Output
0
0
1
20
2
45
3
80
4
100
5
110
In Exhibit 10-2, if product price is fixed at $5, the MRP of the third worker is equal to:
A. $35.
B. $125.
C. $80.
D. $175.
Answer: D
Economics
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