The Following Table Shows the Marginal Productivity of Different Units

question 65

Multiple Choice

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 ´ MR)

• A)2
• B)3
• C)4
• D)5

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