Consider Labour That Is Hired for $18 Per Hour

question 62

Multiple Choice

Consider labour that is hired for $18 per hour.If the last hour of labour hired produces 8 units of output which sells for $10 per unit,that labour-hour's marginal revenue product is

• A)$1.20.
• B)$4.44.
• C)$64.
• D)$80.
• E)$144.

---

Definitions:

Inguinal Ligament

The inguinal ligament is a band of tissue that runs from the pubic bone to the anterior superior iliac spine, forming the lower border of the abdomen.

Hernia

A medical condition characterized by the protrusion of an organ or tissue through an opening in the muscle or tissue that usually contains it.

Puberty

The period during which adolescents reach sexual maturity and become capable of reproduction, accompanied by physical and hormonal changes.

Testes

Male reproductive glands responsible for producing sperm and male sex hormones, primarily testosterone.