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Figure 18-1

Question 95

Multiple Choice

Figure 18-1.On the graph,L represents the quantity of labor and Q represents the quantity of output per week. Figure 18-1.On the graph,L represents the quantity of labor and Q represents the quantity of output per week.   -Refer to Figure 18-1.Suppose the firm sells its output for $15 per unit,and it pays each of its workers $750 per week.When output increases from 210 units to 285 units, A)  the marginal cost is $10 per unit of output. B)  the marginal revenue is $5 per unit of output. C)  the value of the marginal product of labor is $4,275 D)  the firm's profit decreases.
-Refer to Figure 18-1.Suppose the firm sells its output for $15 per unit,and it pays each of its workers $750 per week.When output increases from 210 units to 285 units,


A) the marginal cost is $10 per unit of output.
B) the marginal revenue is $5 per unit of output.
C) the value of the marginal product of labor is $4,275
D) the firm's profit decreases.

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