Assume Ajax Company Employs 100 Workers and Total Revenue Is

question 26

Multiple Choice

Assume Ajax Company employs 100 workers and total revenue is $400 thousand. When Ajax Company employs 101 workers, total revenue is $405 thousand. The marginal revenue product of the 101st workers is:

• A) $40 thousand.
• B) $5 thousand.
• C) $405 thousand.
• D) none of the above.

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