Scenario: Mark Grows Herbs in His Backyard

Multiple Choice

Scenario: Mark grows herbs in his backyard. The following table shows his output as a function of the square feet of land used.

-Refer to the scenario above.If Mark can sell his herbs at the price of $2.50 per pound,what is the value marginal product of land when the second square foot of land is used?

A) $55
B) $5
C) $10
D) $30