Exhibit 13-1 -Refer to Exhibit 13-1. If Output Price Is $12 and Is

question 48

Multiple Choice

Exhibit 13-1
-Refer to Exhibit 13-1. If output price is $12 and the weekly wage is $300, the marginal revenue product of the fourth worker is

• A)$12.
• B)$75.
• C)$192.
• D)$18.75.
• E)$300.