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    Principles of Microeconomics Study Set 10
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    Exam 18: The Markets for the Factors of Production
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    Figure 18-3 -Refer to Figure 18-3. Suppose That the Price of the Price
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Figure 18-3 -Refer to Figure 18-3. Suppose That the Price of the Price

Question 237

Question 237

Multiple Choice

Figure 18-3 Figure 18-3   -Refer to Figure 18-3. Suppose that the price of the output is $20. What is the value of the marginal product of the fourth worker? A) $1 B) $20 C) $280 D) $300
-Refer to Figure 18-3. Suppose that the price of the output is $20. What is the value of the marginal product of the fourth worker?


A) $1
B) $20
C) $280
D) $300

Correct Answer:

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