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The Following Table Shows the Total Output Produced in a Factory

Question 17

Multiple Choice

The following table shows the total output produced in a factory at various levels of employment of labor.The firm sells each unit of output at $2 and each worker is paid a wage of $32.
Table 5-1
The following table shows the total output produced in a factory at various levels of employment of labor.The firm sells each unit of output at $2 and each worker is paid a wage of $32. Table 5-1    -Refer to Table 5-1.What is the marginal revenue product of the 4th worker? A) $96 B) $242 C) $288 D) $162 E) $256
-Refer to Table 5-1.What is the marginal revenue product of the 4th worker?


A) $96
B) $242
C) $288
D) $162
E) $256

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