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Labor (Number of workers) Output (Cupcakes per day) Marginal Product of Labor (Cupcakes per day) Value of the Marginal Product of Labor (Cupcakes) Wage (Dollars

Labor (Number of workers) Output (Cupcakes per day) Marginal Product of Labor (Cupcakes per day) Value of the Marginal Product of Labor (Cupcakes) Wage (Dollars per worker per day) Marginal Profit (Dollars) 0 0 325 1 200 325 2 350 325 3 475 325 4 575 325 Refer to Table 19-6. What is the value of the marginal product of the first worker? a. $200 b. $600 c. $700 d. $400

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