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A local McDonald's employs 10 workers and pays them a wage of $72 each per day. The average product of labour is 40 sandwiches; the
A local McDonald's employs 10 workers and pays them a wage of $72 each per day. The average product of labour is 40 sandwiches; the marginal product of the last worker is 24 sandwiches; and total fixed cost is $8,200. What is the marginal cost of the last sandwich McDonald's sold
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International Business
Authors: Michael Geringer, Jeanne M. McNett, Michael S Minor, Donald A Ball
1st edition
78029376, 78029370, 1259317226, 978-1259317224
