Refer to the Following Table to Answer the Following Questions

question 9

Multiple Choice

Refer to the following table to answer the following questions:

-If the price of output is $5,the value of the marginal product of labor of the third worker is

• A) $8.
• B) $30.
• C) $40.
• D) $38.
• E) $190.

---

Definitions:

Small Businesses

Small businesses are independently owned and operated companies that are limited in size and revenue, depending on the industry.

Personal Communication

Direct interaction between individuals, allowing for the exchange of information or ideas.

Prospective Customer

An individual or organization that could potentially purchase a product or service but has not yet done so.

Needs

Basic or necessary desires or requirements essential for an individual's well-being or the effective functioning of a system.