Posted: August 2nd, 2015
A firm currently produces 2,500 units of output per week. After an additional worker is hired, output rises to 2,620 units per week. If the weekly wage paid to worker is $480 what is the firm s short run marginal cost?
A firm currently produces 2,500 units of output per week. After an additional worker is hired, output rises to 2,620 units per week. If the weekly wage paid to worker is $480 what is the firm s short run marginal cost?
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