Figure 18-3 The Figure Below Shows the Production Function for a Particular

question 352

Multiple Choice

Figure 18-3
The figure below shows the production function for a particular firm.
-Refer to Figure 18-3.Suppose the firm pays a wage equal to $160 per unit of labor and sells its output at $10 per unit.What is the value of the marginal product of labor for the fourth worker?

• A) 10 units
• B) $100
• C) $1,000
• D) $1,600

---

Definitions:

Blood

A vital fluid in humans and animals responsible for transporting oxygen and nutrients to cells and removing carbon dioxide and other wastes.

Leukemia

A type of cancer that affects the blood and bone marrow, characterized by the proliferation of abnormal white blood cells.

Neoplastic

Characterized by new, abnormal growth of cells.

Tumors

Abnormal growths of tissue that result from uncontrolled cell division, and can be benign (non-cancerous) or malignant (cancerous).