Table 18-3 -Refer to Table 18-3.This Table Describes the Number of Baseballs

question 105

Multiple Choice

Table 18-3

-Refer to Table 18-3.This table describes the number of baseballs a manufacturer can produce per day with different quantities of labor.Each baseball sells for $2.50 in a competitive market.What is the marginal revenue product of the fourth worker?

• A) $200
• B) $300
• C) $400
• D) $500

---

Definitions:

Revenue

The total amount of money generated by the sale of goods or services related to a company's primary operations.

Expenses

Costs incurred during a business's operational activities.

Departments

Departments refer to distinct functional areas within an organization, each focusing on a specific area of operation like sales, human resources, or finance.

Revenue Center

A segment or area of a business responsible for generating revenue, focusing on sales and outward-facing operations rather than cost control.