-According to the Above Table, What Is the Marginal Product

question 79

Multiple Choice

-According to the above table, what is the marginal product of the 4th unit of labor?

• A) 3
• B) 5
• C) 6
• D) 7

---

Definitions:

Retirement Age

The age at which an individual is eligible to leave their job or profession and begin to receive pension benefits, varying by country and occupation.

Deficit Years

Years in which a government's expenditures exceed its revenues, resulting in a budget deficit.

Trust Fund Bonds

Financial securities issued by a trust to raise capital, often backed by other assets.