The Following Data Show the Total Output for a Firm

question 67

Multiple Choice

The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50. $$\begin{array} { | c | l | } \hline \text { Lab our per period } & \text { Total output per period } \\\hline 0 & 0 \\\hline 1 & 10 \\\hline 2 & 30 \\\hline 3 & 90 \\\hline 4 & 132 \\\hline 5 & 150 \\\hline\end{array}$$ TABLE 7- 3
-Refer to Table 7- 3.If this firm is producing 111 units of output per period,its marginal cost is

• A)76 cents.
• B)38 cents.
• C)24 cents.
• D)$1.00.
• E)16.7 cents.

---

Definitions:

High School

High school is a secondary school providing education typically for students aged between approximately 14 and 18 years old, often preceding college or university.

Self-Esteem

Self-esteem is the perception and evaluation of one's own worth, characterized by feelings of confidence and respect for oneself, which can significantly influence mental health and quality of life.

Males

Biological sex characterized by XY chromosomes, typically producing sperm and associated with various physiological and anatomical features.

Females

Pertains to the biologically female sex, typically characterized by XX chromosomes, and associated with certain reproductive roles and cultural expectations.