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MC Qu. 09-102 (Algo) The question is based... The question is based on the following table, which provides information on the production of a product
MC Qu. 09-102 (Algo) The question is based...
The question is based on the following table, which provides information on the production of a product that requires one variable input.
Input | Total Product |
---|---|
0 | 0 |
1 | 5 |
2 | 20 |
3 | 32 |
4 | 42 |
5 | 50 |
6 | 55 |
7 | 58 |
8 | 58 |
9 | 56 |
With the addition of the fifth unit of input, the marginal product is
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