Table 18-12 The Table Displays Data for a Small, Competitive, Profit-Maximizing Firm

question 499

Multiple Choice

Table 18-12
The table displays data for a small, competitive, profit-maximizing firm that produces and sells envelopes. The time frame is one week.
-Refer to Table 18-12. Suppose the firm sells each box of envelopes that it produces for $6. What is the value of the marginal product of the second worker?

• A)$1,440
• B)$1,212
• C)$636
• D)$552

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