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The Table Below Shows the Total Number of Loaves of Bread

Question 16

Multiple Choice

The table below shows the total number of loaves of bread a bakery can bake per year with different numbers of ovens.The market for bread is perfectly competitive,with a market price of $2 per loaf.What is the marginal revenue product of the third oven?
The table below shows the total number of loaves of bread a bakery can bake per year with different numbers of ovens.The market for bread is perfectly competitive,with a market price of $2 per loaf.What is the marginal revenue product of the third oven? A) $1,200 B) 2,400 loaves of bread C) $4,800 D) 600 loaves of bread E) $1,600


A) $1,200
B) 2,400 loaves of bread
C) $4,800
D) 600 loaves of bread
E) $1,600

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