The table shows a total-product schedule for a resource. Assume that the quantities of other resources the firm employs remain constant. If the product the firm produces sells for a constant $2 per unit, the marginal revenue product of the third unit of the resource is
A)$6.
B)$12.
C)$18.
D)$24.

Question

The table shows a total-product schedule for a resource. Assume that the quantities of other resources the firm employs remain constant. If the product the firm produces sells for a constant $2 per unit, the marginal revenue product of the third unit of the resource is
A)$6. 
B)$12. 
C)$18. 
D)$24.

Quizplus · Accepted Answer

The Answer of  The table shows a total-product schedule for a resource. Assume that the quantities of other resources the firm employs remain constant. If the product the firm produces sells for a constant $2 per unit, the marginal revenue product of the third unit of the resource is
A)$6. 
B)$12. 
C)$18. 
D)$24.

The Table Shows a Total-Product Schedule for a Resource