Table 72 Shows Labor and the Quantity of Shoes Produced by by a Firm

question 145

Multiple Choice

Table 7.2 shows labor and the quantity of shoes produced by a firm. Given the information in the table below, _____ is the marginal product of the fourth unit of labor.​ ​
Table 7.2
​

• 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:

General John Sullivan's

Referring to an American general during the Revolutionary War known for his roles in several key battles and campaigns.

Lord Dunmore's Proclamation

A 1775 declaration by the British Governor of Virginia offering freedom to slaves who joined the British forces against the American revolutionaries.

Continental Army

The army raised by the Second Continental Congress to fight against British forces during the American Revolutionary War.

Yeoman Farmers

Independent farmers who typically worked their own land, a common figure in early American society, embodying the ideal of self-sufficiency.