Table 17-1 -Refer to Table 17-1.If the Output Price Is $3, What

question 55

Multiple Choice

Table 17-1

-Refer to Table 17-1.If the output price is $3, what is the marginal revenue product of the fifth unit of labor?

• A)$1,050
• B)$360
• C)$210
• D)$150

---

Definitions:

Available-For-Sale Securities

Available-for-sale securities are financial assets that a company intends to sell but is not obligated to do so, classified as neither held-to-maturity nor trading securities.

Held-To-Maturity Securities

Debt securities that a company intends and is able to hold until they mature.

Equity Method

An accounting method used to assess the investments made by a company in other companies, where the investment is significant but not controlling.

Cash Dividend

A payment made by a company to its shareholders, usually as a distribution of profits.