The Table Shows a Total-Product Schedule for a Resource

question 299

Multiple Choice

The table shows a total-product schedule for a resource. Assume that the quantities of other resources the firm employs remain constant. If the product the firm produces sells for a constant $2 per unit, the marginal revenue product of the third unit of the resource is

• A)$6.
• B)$12.
• C)$18.
• D)$24.

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