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Assume capital (equipment) is fixed, and labor is the only variable input. Assume the wage is $200 per worker per day, you are employing 4 workers and AP with 4 workers is 80, and AP when you only had 3 workers was 90.

1- What is the marginal cost when you are using 4 workers? ( please explain to rate you)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91835828

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