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The Following Question Are Based on the Following Perfectly Competitive

Question 15

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The following question are based on the following perfectly competitive firm's demand curve for labor:
The following question are based on the following perfectly competitive firm's demand curve for labor:    -If this is a profit-maximizing firm and it currently employs five workers,the value of the marginal product of the fifth worker is A)  $5. B)  $40. C)  $50. D)  $200. E)  not determinable from the information given.
-If this is a profit-maximizing firm and it currently employs five workers,the value of the marginal product of the fifth worker is


A) $5.
B) $40.
C) $50.
D) $200.
E) not determinable from the information given.

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