The Following Table Shows Data for a Firm

question 132

Multiple Choice

The following table shows data for a firm. The first column shows the number of variable resources employed in production, the second column shows firm's total product, and the third column shows its product price. If the firm decides to hire five units of resource, then the market price paid to the resource is _____. ​
Table 11.4
​

• A)$100
• B)$74
• C)$54
• D)$34
• E)$24

---

Definitions:

Parameter Query

A type of database query that requires the user to provide one or more criteria values to filter the results when the query is run.

Dialog Box

A small window that appears in a graphical interface asking the user to provide data input or make a choice.

Field Criteria

Conditions or requirements specified in a database query that determine which records to select or retrieve.

Crosstab Row

The horizontal part of a crosstabulation table that categorizes data for comparison across different variables.