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Refer to the Following Figure to Answer the Following Questions

Question 18

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Refer to the following figure to answer the following questions:
Refer to the following figure to answer the following questions:    -If the price of the product is $30,then what is the value of the marginal product of labor (VMPL) of the third worker? A)  $60 B)  $120 C)  $420 D)  $30 E)  $240
-If the price of the product is $30,then what is the value of the marginal product of labor (VMPL) of the third worker?


A) $60
B) $120
C) $420
D) $30
E) $240

Correct Answer:

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