The Following Table Shows Output Per Hour Produced by the Different

question 6

Multiple Choice

The following table shows output per hour produced by the different units of labor. Table 14.1
The marginal revenue product of a resource is equal to the product of the marginal product of an input and marginal revenue.
According to Table 14.1, if the wage rate is $9 per hour, how many workers should this firm hire?

• A)1
• B)5
• C)4
• D)2