Refer to the Table Shown If the Price Per Unit of Product Is $2, the c

question 41

Multiple Choice

Refer to the table shown. $$\begin{array}{l}\begin{array} { | c | c | } \hline \text { Number wf Warkers } & \text { Tatal Praduct per Huur }\\\hline 1 & 24 \\\hline 2 & 44 \\\hline 3 & 60 \\\hline 4 & 74 \\\hline 5 & 84 \\\hline 6 & 90 \\\hline 7 & 92 \\\hline\end{array}\end{array}$$ If the price per unit of product is $2, the marginal revenue product of the fourth worker is:

• A)14.
• B)28.
• C)32.
• D)40.

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Definitions:

Customizing Products

The process of modifying or building products to meet individual customer needs or preferences.

Performance Management

The process of ensuring employees' activities and outputs align with an organization's goals, often involving planning, monitoring, and reviewing employees’ work objectives and contributions.

Annual Compensation

The total amount of money and benefits an employee receives in one year.

Local Human Capital

The knowledge, skills, abilities, and other attributes that make up the location-specific experiences of employees in a particular country or market.