In the above table, what is the marginal revenue product of the 4th worker?
A) $92
B) $70
C) $40
D) $8
B
Economics
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Which of the following is negative for the "typical" consumer at some level of real disposable income?
A) average propensity to consume B) marginal propensity to save C) average propensity to save D) marginal propensity to consume
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The Smoot-Hawley Act introduced
A) opportunities for expanding U.S. foreign trade. B) the highest tariffs set by the United States in the last 90 years. C) a framework promoting international free trade. D) revenue tariffs as a major source of U.S. government revenues.
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