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| 17.A firm is trying to determine the optimal amount of labor to employ in its production process. Each unit of labor for this process costs the firm $35. A partial table of the firm’s short-run output estimates appears below(点击右侧图片）:Which of the following is least likely to be accurate? This firm: A:A:experiences diminishing marginal returns from labor over the entire range shown. B:B:will produce 35 units of the product. C:C:will employ the 7th unit of labor |
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