(Table) Based on the table, the value for C is
$\begin{array}{c}
\text { Competitive Labor Market }\
\begin{array}{|c|c|c|c|c|c|}
\hline L & Q & M P P & \boldsymbol{P} & \boldsymbol{M M P} & \boldsymbol{W} \
\hline 0 & 0 & 0 & 8 & 0 & 80 \
\hline 1 & 5 & 5 & 8 & 40 & 80 \
\hline 2 & 11 & 6 & 8 & 48 & 80 \
\hline 3 & 18 & 7 & 8 & 56 & 80 \
\hline 4 & \mathrm{~A} & 9 & 8 & 72 & 80 \
\hline 5 & 38 & \mathrm{~B} & 8 & 88 & 80 \
\hline 6 & 50 & 12 & 8 & \mathrm{C} & 80 \
\hline 7 & 61 & 11 & 8 & 88 & 80 \
\hline 8 & 71 & 10 & 8 & 80 & 80 \
\hline 9 & 80 & 9 & 8 & 72 & 80 \
\hline 10 & 85 & 5 & 8 & 40 & 80 \
\hline
\end{array}
\end{array}$

Question

Quizplus · Accepted Answer

The value for C, which represents the Marginal Monetary Product (MMP) for 6 units of labor, is calculated by multiplying the Marginal Physical Product (MPP) of 12 by the price of the product (P), which is 8. Therefore, $MMP = MPP \times P = 12 \times 8 = 96$.

(Table) Based on the Table, the Value for C Is