Directions: Consider the given data and calculate the following. Hours o….

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  • 04/25/2019 at 2:58 pm #618676 Reply
     EduGorilla 
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    Directions: Consider the given data and calculate the following.

    Hours of Labour Total Output Marginal Product
    0 — —
    1 200 200
    2 ——- 160
    3 480 ——

    What is the marginal product of the third hour of labour?

    Options :-

    1. 120
    2. 160
    3. 200
    4. 480
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