Econ 3
28) Refer to Figure 8.2. The marginal product of the sixth worker is ________. 28) ______ A) 50 B) 0 C) -5 D) 5 29) Accounting profit is equal to: 29) ______ A) total revenue plus accounting cost. B) total revenue minus implicit costs. C) total revenue minus economic cost.. D) total revenue minus explicit costs. 30) Refer to the below diagrams which pertain to […]