Consider the Following Table for a Firm

question 21

Multiple Choice

Consider the following table for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
TABLE 13-2
-Refer to Table 13-2.Suppose this firm is a perfect competitor and faces a given price of the product equal to $15 per unit.The marginal revenue product of the 5th unit of the factor is

• A)$30.
• B)$100.
• C)$75.
• D)$300.
• E)$2220.

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