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Business, 14.12.2019 00:31 gissellesolorza

Aperfectly competitive firm is currently producing at the profit-maximizing output level. if the marginal physical product of labor is 10 units per hour and the firm pays a wage rate of $8 per hour, which of the following is truea) the marginal revenue product of labor is $80. (b) the marginal cost is $1.25. c) the average total cost is $0.80 per unit. (d)the output price is $0.80 per unit. e) the output price is $1.25 per unit.

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