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Table 18-2 The Production Details of a Small Apple Farm Are Shown

question 69

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Table 18-2
The production details of a small apple farm are shown below. Suppose the market for both apple and apple pickers is competitive, with a current market price for a box of apples being $10. Further, assume apple pickers are the sole marginal cost faced by the farmer in selling his product.
Table 18-2 The production details of a small apple farm are shown below. Suppose the market for both apple and apple pickers is competitive, with a current market price for a box of apples being $10. Further, assume apple pickers are the sole marginal cost faced by the farmer in selling his product.    -Refer to Table 18-2. What is value of the marginal product of labour of the fourth worker? A)  $120 B)  $160 C)  $80 D)  $40
-Refer to Table 18-2. What is value of the marginal product of labour of the fourth worker?

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