Multiple Choice
The table below shows a competitive firm's short-run production function.Labor is the firm's only variable input,and market price for the firm's product is $2 per unit.
How much does the fifth unit of labor add to the firm's total revenue?
A) $160
B) $80
C) $60
D) $40
E) $10
Correct Answer:

Verified
Correct Answer:
Verified
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