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Expected Interest Rate Rate of Cost o'F Funds Return (9&3) (95} Refer to the data. A1$4O million ofR&D expenditures, the Multiple Choice 0 marginal cost

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Expected Interest Rate Rate of Cost o'F Funds Return (9&3) (95} Refer to the data. A1$4O million ofR&D expenditures, the Multiple Choice 0 marginal cost of R&D equals the marginal benefit marginal benefit of R&D exceeds the marginal cost. rm has exceeded its affordable level of R&D. 0 expected rate of return from R&D is negative. Labor Demand Data Total Product Product Price $ 2.29 2.99 1.89 1.69 1.d9 1.29 1.99 Labor Supply Data Employment Employment Wage Rate 1.1 $ 8.59 9.59 19.59 11.59 12.59 13.59 Lu W U'I \"___ ___ ___ ___ ___ ___ ___ 0'1 The table shows labor demand data on the left and labor supply data on the right. What will be the profitmaximizing selling price ofthe product? Multiple Choice 0 $1.20 $1.60 $1.80 0 0 $1.40 0 (2) (3) (4} (5 3 {1) Quantity Quantity Quantity Quantity Land Rent Supplied Demanded Demanded Demanded a: Refer to the table, in which the values for columns [2} through (5} are in acres. Ifthe relevant columns are {1), {2), and {4), land rent will be Multiple Choice 0 $100 per acre. $300 per acre. 0 0 $200 per acre. 0 $400 per acre

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