Use the Following to Answer Question(s)

question 60

Multiple Choice

Use the following to answer question(s) :
-(Exhibit: Marginal Revenue Product and Demand) If the product price is $4 per unit and the price of the factor of production is $80 per unit, the profit-maximizing quantity of the factor is _______ unit(s) .

• A) 1
• B) 3
• C) 5
• D) 7