In the above table, what is the marginal factor cost of the 6th worker?

A) $30
B) $18
C) $120
D) $20

A

Economics

You might also like to view...

If the government began providing free textbooks to college students who would otherwise have bought their books from the private sector, the government's action would result in

A) a Ricardian dilemma. B) a direct expenditure offset. C) an increase in real Gross Domestic Product (GDP). D) a reduction of the government deficit.

Economics

What is the maximum number of voting members of the FOMC?

A) 12 B) 4 C) 11 D) 7

Economics