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The following table provides information about labor supply and the marginal revenue product of labor for a prot-maximizing monopsonist. Marginal Revenue Product of Labor 36

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The following table provides information about labor supply and the marginal revenue product of labor for a prot-maximizing monopsonist. Marginal Revenue Product of Labor 36 33 30 27 24 21 18 15 Wage Labor Supply Calculate the marginal cost of labor at each level of employment. What is the marginal cost of hiring the 25th worker

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