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Question
| Number of Workers | Total Output | Number of Workers | Total Output |
| 0 | 0 | 6 | 540 |
| 1 | 100 | 7 | 600 |
| 2 | 220 | 8 | 650 |
| 3 | 320 | 9 | 690 |
| 4 | 400 | 10 | 700 |
| 5 | 475 |
According to the above table, if the price of the good produced is $5 and the wage rate is $400, then the marginal revenue product of the 7th worker is
A) $300.
B) $60.
C) $12.
D) $400.
Answer
This answer is hidden. It contains 1 characters.
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