A company has to pay 10 per hour to hire 10 workers if the


A company has to pay $10 per hour to hire 10 workers. If the company only needs to hire nine workers, a wage rate of $8 per hour is sufficient. What is the marginal cost if the company hires the 10th worker?

  • $28
  • $80
  • $10
  • $82

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Business Management: A company has to pay 10 per hour to hire 10 workers if the
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