Refer to the Following Figure to Answer the Following Questions

question 18

Multiple Choice

Refer to the following figure to answer the following questions:

-If the price of the product is $30,then what is the value of the marginal product of labor (VMPL) of the third worker?

• A) $60
• B) $120
• C) $420
• D) $30
• E) $240

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Definitions:

Liability

The legal responsibility or obligation to settle a debt or compensate for damage or injury caused to another party.

Social Network Postings

Content shared or published by users on social media platforms.

Employers

Organizations or individuals that hire and pay workers to perform jobs or services under agreed-upon terms and conditions.

Spam

Bulk, unsolicited (junk) e-mail.