Use the Following Table to Answer the Question : Table

question 99

Multiple Choice

Use the following table to answer the question : Table 16-1 : shows the total number of pizzas produced by 7 workers.

-Refer to Table 16-1.If the pizza industry is competitive and the price of a pizza is $10,then which of the following is true?

• A)The marginal value product of the third worker is $50.
• B)The marginal value product of the fifth worker is $10.
• C)The marginal product of the fourth worker is 21 pizzas.
• D)The marginal product of the second worker is 6 pizzas.

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