February 24, 2017

Homework Help: Economics

Posted by Anonymous on Sunday, September 19, 2010 at 9:44pm.

In the short run a firm needs six units of labor to produce eight units of output and ten units of labor to produce nine units of output. If the price of labor is $2 per unit, what is the marginal cost of the ninth unit of output?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions