Refer to the Data Provided in Table 10 -Refer to Table 10

question 172

Multiple Choice

Refer to the data provided in Table 10.1 below to answer the following question(s) .
Table 10.1 $$\begin{array}{l}\text { Total Labor Units } \quad \text { Total Product } \quad \text { Marginal Product of Price per }\\\begin{array} { c c c c } \text { (employees) } & \text { (T-shirts per day) } & \text { Labor (per day) } & \text { T-shirt } \\\hline 0 & 0 & - & - \\1 & 20 & 20 & \$ 5 \\2 & 50 & 30 & 5 \\3 & 75 & 25 & 5 \\4 & 95 & 20 & 5 \\5 & 110 & 15 & 5\end{array}\end{array}$$
-Refer to Table 10.1. The marginal revenue product of the third worker is

• A) $5.
• B) $25.
• C) $125.
• D) $375.

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Definitions:

Union Membership

The status of being a member of a labor union, which is an organization that represents workers' interests, such as wages and working conditions.

Private Sector

The private sector encompasses all businesses and industries that are not owned or operated by the government and operate for profit.

Military Troops

Refers to soldiers, particularly those belonging to the armed forces of a country, organized for warfare.

Powerful Unions

Labor unions that have significant influence over workplaces, industries, and politics, often advocating for workers' rights and better working conditions.