Business, 31.12.2020 19:30 mmoufak29

Quantity of Labor Total Product Total Revenue 1 4 $16
2 8 32
3 11 44
4 13 52
5 14 56

Refer to the given data. The marginal revenue product of the second worker is:

a. $16.
b. $8.
c. $32.
d. $4.

Answers: 3

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Quantity of Labor Total Product Total Revenue 1 4 $16
2 8 32
3 11 44
4 13 52 <...

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