Given the table for a competitive firm that is maximizing profits, if the marginal revenue product of the last worker hired is $300 and three workers are employed per day, the price of a unit of output must be
A)60.
B)15.
C)10.
D)20.

Question

Given the table for a competitive firm that is maximizing profits, if the marginal revenue product of the last worker hired is $300 and three workers are employed per day, the price of a unit of output must be 
A)60. 
B)15. 
C)10. 
D)20.

Quizplus · Accepted Answer

The Answer of Given the table for a competitive firm that is maximizing profits, if the marginal revenue product of the last worker hired is $300 and three workers are employed per day, the price of a unit of output must be 
A)60. 
B)15. 
C)10. 
D)20.

Given the Table for a Competitive Firm That Is Maximizing