Table 72 -Refer to Table 7

question 91

Multiple Choice

Table 7.2
$$\begin{array} { c c } \text { Labor } & \begin{array} { c } \text { Total Froduct } \\\text { (pairs of shoes) }\end{array} \\\hline 0 & 0 \\1 & 20 \\2 & 50 \\3 & 75 \\4 & 80 \\5 & 75\end{array}$$
-Refer to Table 7.2,which shows labor and the quantity of shoes produced by a firm.What is the marginal product of the fourth unit of labor?

• A)5 pairs of shoes
• B)10 pairs of shoes
• C)20 pairs of shoes
• D)50 pairs of shoes
• E)80 pairs of shoes

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Definitions:

Sales Presentation

An opportunity to formally communicate the value proposition of a product or service to potential buyers, often using visual aids and demonstrations.

Prestige Suggestion

A marketing technique where a product or service is associated with high social status or exclusivity to attract customers.

Sales Presentation

A strategic, structured pitch or dialogue designed by a salesperson to highlight a product's or service's benefits and persuade a customer to make a purchase.

Proof Statements

Convincing or persuasive statements used in sales and marketing to validate the benefits or effectiveness of a product or service.