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Assume a consulting firm hires you to work as a research assistant in the summer of 2022. You will be tasked to produce two types

Assume a consulting firm hires you to work as a research assistant in the summer of 2022. You will be tasked to produce two types of economic research empirical studies using cutting-edge econometric techniques. The price of these studies that the company charges to its clients is $2,000. In one month, you can produce 2 empirical analyses.

a) What is your marginal product of labor?

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