If the Value of the Marginal Product of a Worker

question 212

Multiple Choice

If the value of the marginal product of a worker is $20 and the market price of the good she produces is $5,her marginal product is ________.

• A) 4 units
• B) 10 units
• C) 25 units
• D) 100 units

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Definitions:

Protozoans

Diverse group of unicellular eukaryotic organisms, often considered the simplest animal life forms, living in water or as parasites.

Primordial Earth

Refers to the condition or state of Earth shortly after its formation, before the presence of life.

Amino Acids

Organic compounds that combine to form proteins, serving as the building blocks of life and playing critical roles in cell function.