Exhibit 11-2 Labor and Output Data -In Exhibit 11-2, If Product Price Is Fixed at $8

question 139

Multiple Choice

Exhibit 11-2 Labor and output data $$\begin{array} { | c | c | } \hline \text { Labor } & \text { Output } \\\hline 0 & 0 \\1 & 20 \\2 & 45 \\3 & 80 \\4 & 100 \\5 & 110 \\\hline\end{array}$$
-In Exhibit 11-2, if product price is fixed at $8, the MRP of the 2nd worker is equal to:

• A) $25.
• B) $125.
• C) $200.
• D) $175.
• E) $45.

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