Refer to Table 10.1. The marginal revenue product of the fourth worker is

A) $5.
B) $20.
C) $100.
D) $475.

Question

Refer to Table 10.1. The marginal revenue product of the fourth worker isA)  $5.B)  $20.C)  $100.D)  $475.

Sanjida Pervin · Accepted Answer

Final Answer : C, Explanation :  The marginal revenue product (MRP) is calculated by multiplying the marginal product of labor (MPL) by the price per unit. For the fourth worker, MPL is 20, and the price per T-shirt is $5. Therefore, MRP = 20 * $5 = $100.

Refer to Table 10.1. The marginal revenue product of the fourth worker is

A) $5.
B) $20.
C) $100.
D) $475.

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