(Table: Labor and Quantity of Output) the Table Shows the Production

question 105

Multiple Choice

(Table: Labor and Quantity of Output) The table shows the production function for a firm using a given amount of capital. If the price of the product is $15 each, which answer table would best represent the firm's value of the marginal revenue product of labor?
$\begin{array}{|c|c|}\hline \text { Units of Labor } & \begin{array}{c}\text { Quantity of } \\\text { Output }\end{array} \\\hline 1 & 20 \\\hline 2 & 28 \\\hline 3 & 35 \\\hline 4 & 41 \\\hline 5 & 44 \\\hline 6 & 35 \\\hline\end{array}$

• A) \(\begin{array}{|c|c|c|}
• \hline \begin{array}{c}
• \text { Units of } \\
• \text { Labor }
• \end{array} & \begin{array}{c}
• \text { Quantity of } \\
• \text { Output }
• \end{array} & \begin{array}{c}
• \text { Marginal } \\
• \text { Revenue } \\
• \text { Product of } \\
• \text { Labor }
• \end{array} \\
• \hline 1 & 20 & 200 \\
• \hline 2 & 28 & 80 \\
• \hline 3 & 35 & 70 \\
• \hline 4 & 41 & 60 \\
• \hline 5 & 44 & 30 \\
• \hline 6 & 35 & -90 \\
• \hline
• \end{array}\)
• B)

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Definitions:

Charles Darwin

A 19th-century naturalist best known for his contributions to the evolutionary theory, proposing that species evolve over time through natural selection.

Partial Reinforcement

A conditioning schedule in which only some responses are reinforced, often leading to more resistant behavioral patterns.

Respondent Behavior

A reaction to a stimulus in the environment that is learned through classical conditioning.

Operant Behavior

Behavior that is influenced by the consequences that follow it, with rewards typically increasing and punishments decreasing the likelihood of the behavior's recurrence.