-Refer to the Above Table

question 211

Multiple Choice

-Refer to the above table. If the price of the product is $1.50, what is the marginal revenue product of the 11th worker?

• A) $1.50
• B) $13.64
• C) $150
• D) $900

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Definitions:

Short Term Liabilities

Short Term Liabilities are obligations a company needs to pay within a year, including loans, accounts payable, and other debts.