refer to the following table that shows the short-run production relationship and the product demand schedule for a firm.

$\begin{array}{ccc}
\text { Labor } & \text { Output } & \text { Output Price } \
\hline
1 & 10 & \$ 20.00 \
2 & 15 & 19.00 \
3 & 19 & 18.00 \
4 & 22 & 17.00 \
5 & 24 & 16.00 \
6 & 25 & 15.00
\end{array}$
-What is the marginal revenue product of the third worker?
A)$18
B)$57
C)$72
D)$342

Question

refer to the following table that shows the short-run production relationship and the product demand schedule for a firm.

$\begin{array}{ccc}
\text { Labor } & \text { Output } & \text { Output Price } \
\hline
1 & 10 & \$ 20.00 \
2 & 15 & 19.00 \
3 & 19 & 18.00 \
4 & 22 & 17.00 \
5 & 24 & 16.00 \
6 & 25 & 15.00
\end{array}$
-What is the marginal revenue product of the third worker?
A)$18
B)$57
C)$72
D)$342

Quizplus · Accepted Answer

The Answer of refer to the following table that shows the short-run production relationship and the product demand schedule for a firm.

$\begin{array}{ccc}
\text { Labor } & \text { Output } & \text { Output Price } \
\hline
1 & 10 & \$ 20.00 \
2 & 15 & 19.00 \
3 & 19 & 18.00 \
4 & 22 & 17.00 \
5 & 24 & 16.00 \
6 & 25 & 15.00
\end{array}$
-What is the marginal revenue product of the third worker?
A)$18
B)$57
C)$72
D)$342

Refer to the Following Table That Shows the Short-Run Production