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The Following Table Shows the Marginal Productivity of Different Units

question 65

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The following table shows the marginal productivity of different units of labor for producing a product.Table 14.4
In the table,
MR: Marginal Revenue
MPP: Marginal Physical Product
The following table shows the marginal productivity of different units of labor for producing a product.Table 14.4 In the table, MR: Marginal Revenue MPP: Marginal Physical Product    -According to Table 14.4, how many laborers should be hired if the wage rate is $18? (Marginal revenue product = MPP X MR)  A) 2 B) 3 C) 4 D) 5 E) 6
-According to Table 14.4, how many laborers should be hired if the wage rate is $18? (Marginal revenue product = MPP X MR)


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