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Table 102 -Refer to Table 10

question 94

Multiple Choice

Table 10.2
 Quantity of  labour  Output of iPods per  Week  Marginal Product of  labour  Product Price  (dollars)   Wage  (dollars)  188$300$350215728035032162603504265240350530422035063332003507352180350\begin{array} { | c | c | c | c | c | } \hline \begin{array} { c } \text { Quantity of } \\\text { labour }\end{array} & \begin{array} { c } \text { Output of iPods per } \\\text { Week }\end{array} & \begin{array} { c } \text { Marginal Product of } \\\text { labour }\end{array} & \begin{array} { c } \text { Product Price } \\\text { (dollars) }\end{array} & \begin{array} { c } \text { Wage } \\\text { (dollars) }\end{array} \\\hline 1 & 8 & 8 & \$ 300 & \$ 350 \\\hline 2 & 15 & 7 & 280 & 350 \\\hline 3 & 21 & 6 & 260 & 350 \\\hline 4 & 26 & 5 & 240 & 350 \\\hline 5 & 30 & 4 & 220 & 350 \\\hline 6 & 33 & 3 & 200 & 350 \\\hline 7 & 35 & 2 & 180 & 350 \\\hline\end{array}
-Refer to Table 10.2.What is the marginal profit from hiring the second unit of labour?


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