The preceding table gives monthly production information for Peter's Peanuts, a firm in a perfectly competitive industry. The market price of peanuts is $2.00 per pound. What is the marginal product from employing the fourth worker?

A) 7 pounds of peanuts
B) 100 pounds of peanuts
C) 400 pounds of peanuts
D) 2,800 pounds of peanuts

C

Economics

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Of the sources of external funds for nonfinancial businesses in the United States, loans from banks and other financial intermediaries account for approximately ________ of the total

A) 6% B) 40% C) 56% D) 60%

Economics

Explain what factors cause shifts and changes in the slope of the ZZ curve presented in chapter 3

What will be an ideal response?

Economics