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Exhibit 13-2 -Refer to Exhibit 13-2. If the Marginal Revenue Product (MRP)

Question 77

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Exhibit 13-2 Exhibit 13-2   -Refer to Exhibit 13-2. If the marginal revenue product (MRP)  of one additional worker is $2 and the wage of that worker is $4, then A) the firm is earning a profit from the additional worker equal to $2. B) the sixth worker should be laid off. C) more workers should be employed because the firm is earning a profit from the last worker employed. D) the sixth worker should be employed, but no more workers should be employed. E) more workers should be employed.
-Refer to Exhibit 13-2. If the marginal revenue product (MRP) of one additional worker is $2 and the wage of that worker is $4, then


A) the firm is earning a profit from the additional worker equal to $2.
B) the sixth worker should be laid off.
C) more workers should be employed because the firm is earning a profit from the last worker employed.
D) the sixth worker should be employed, but no more workers should be employed.
E) more workers should be employed.

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