Refer to the data provided in Table 10.1 below to answer the following question(s).
Table 10.1 
Refer to Table 10.1. The marginal revenue product of the ________ worker is $150.
A. second
B. third
C. fourth
D. fifth
Answer: A
You might also like to view...
The extra benefit resulting from a small increase in an activity is called the
A) opportunity cost. B) marginal benefit. C) diminishing returns of the activity. D) marginal cost.
One of the concerns of increased bank consolidation is the reduction in community banks which could result in
A) less lending to small businesses. B) loss of cultural identity. C) higher interest rates. D) more bank regulation.
Consider the production possibilities frontier displayed in the figure shown. If this society chooses to produce 200 bushels of apples it can produce no more than:
A. 20 watermelons.
B. 15 watermelons.
C. 10 watermelons.
D. 5 watermelons.
In the modern U.S. economy, most transactions are made with
A. cash. B. gold and silver. C. credit cards. D. checking deposits.