Multiple Choice
The following table shows the total output per hour 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 $12.
Table 5-1
-Refer to Table 5-1. What is the marginal profit of the 2nd worker?
A) $24
B) $20
C) $12
D) $8
E) $0
Correct Answer:

Verified
Correct Answer:
Verified
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