If the marginal product of the second worker hired by a firm is 14 units and the price of the tenth unit of output is $7, then the marginal revenue product
a. of the second worker is $98, regardless of the structure of the product market
b. of the second worker is $98 if the firm is a price searcher in the product market
c. of the second worker is $98 if the product market is perfectly competitive
d. of the tenth worker is $98 if the product market is perfectly competitive
e. of the tenth worker is $98 if the firm is a price searcher in the product market
C
Economics
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