Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. when the firm hires 6 workers it produces 90 units of output. fixed cost of production are $6 and the variable cost per unit of labor is $10. the marginal product of the seventh unit of labor is 4. given this information, what is the total cost of production when the firm hires 7 workers?
Answers: 1
) of the seventh unit of labor = 4
= 4
= 4 
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Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero....
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