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

question 80

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 fourth worker is

• A) $5.
• B) $20.
• C) $100.
• D) $475.

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Definitions:

Head of Household

Head of Household is a filing status for individual U.S. taxpayers who are unmarried and pay more than half the cost of keeping up a home for themselves and a qualifying person.

Dependent Widowed Mother

A widowed mother who relies on another, typically her child, for financial support and can be claimed as a dependent for tax purposes if certain criteria are met.

Legally Divorced

A status that indicates a person has completed the legal process of divorce, thereby dissolving the marital relationship under law.

Full-Time Student

A student who is enrolled in a higher education institution for the number of hours or courses the school considers to be full-time attendance.