Consider the Following Production and Cost Schedule for a Firm

question 14

Multiple Choice

Consider the following production and cost schedule for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
TABLE 13-3
-Refer to Table 13-3.The marginal product of the 4th unit of the factor of production is

• A)4.
• B)6.
• C)8.
• D)26.
• E)30.

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