Multiple Choice
Table 18-3
-Refer to Table 18-3.This table describes the number of baseballs a manufacturer can produce per day with different quantities of labor.Each baseball sells for $5 in a competitive market.What is the marginal revenue product of the third worker?
A) 120 baseballs.
B) $300
C) $400
D) $600
Correct Answer:
Verified
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