The following table shows data for a firm. The first column shows the number of variable resource employed in production, the second column shows the total product of the firm, and the third column shows its product price. If the firm decides to hire nine units of the resource, the market price paid to a resource is _____.
Table 11.4

A)$98
B)$4
C)$396
D)$28
E)$400

Question

The following table shows data for a firm. The first column shows the number of variable resource employed in production, the second column shows the total product of the firm, and the third column shows its product price. If the firm decides to hire nine units of the resource, the market price paid to a resource is _____. ​
Table 11.4
​

A)$98 
B)$4 
C)$396 
D)$28 
E)$400

Quizplus · Accepted Answer

The Answer of The following table shows data for a firm. The first column shows the number of variable resource employed in production, the second column shows the total product of the firm, and the third column shows its product price. If the firm decides to hire nine units of the resource, the market price paid to a resource is _____. ​
Table 11.4
​

A)$98 
B)$4 
C)$396 
D)$28 
E)$400

The Following Table Shows Data for a Firm