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

question 136

Multiple Choice

Refer to the data provided in Table 10.2 below to answer the following question(s) .
Table 10.2 $$\begin{array} { c c c } \begin{array} { c } \text { Total Labor Units } \\\text { (employees) }\end{array} & \begin{array} { c } \text { Total Product } \\\text { (frames per day) }\end{array} & \begin{array} { c } \text { Price per } \\\text { Frame }\end{array} \\\hline 0 & 0 & \$ 10 \\1 & 10 & \$ 10 \\2 & 30 & \$ 10 \\3 & 55 & \$ 10 \\4 & 70 & \$ 10 \\5 & 82 & \$ 10\end{array}$$
-Refer to Table 10.2. Marginal revenue product of the ________ worker is $120.

• A) second
• B) third
• C) fourth
• D) fifth

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Definitions:

Accumulated Amortization

The total amount that has been amortized or written off for an intangible asset over its useful life up to a specific date.

Straight-line Method

A technique for distributing the expense of a physical asset uniformly throughout its lifespan.

Salvage Value

An asset's remaining worth estimated at the conclusion of its life of use.

Book Value

Book value is the net value of a company's assets found on its balance sheet, and it is calculated by subtracting liabilities from the total value of assets.