Assume That the Product Price Is $4 Per Unit and That

question 86

Multiple Choice

Assume that the product price is $4 per unit and that the hourly wage for workers is $12. Neither price nor wage changes with output. In Table 30.3, the contribution to total revenue of the fourth worker hired is

• A) $76 per hour.
• B) $16 per hour.
• C) $4 per hour.
• D) $12 per hour.

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