Consider the following production and cost schedule for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
TABLE 13-3
-Refer to Table 13-3.The marginal product of the 4th unit of the factor of production is
A)4.
B)6.
C)8.
D)26.
E)30.

Question

Consider the following production and cost schedule for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
  TABLE 13-3
-Refer to Table 13-3.The marginal product of the 4th unit of the factor of production is
A)4. 
B)6. 
C)8. 
D)26. 
E)30.

Quizplus · Accepted Answer

The Answer of Consider the following production and cost schedule for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
  TABLE 13-3
-Refer to Table 13-3.The marginal product of the 4th unit of the factor of production is
A)4. 
B)6. 
C)8. 
D)26. 
E)30.

Consider the Following Production and Cost Schedule for a Firm