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 6th unit of the factor of production is
A)-2.
B)2.
C)4.
D)8.
E)32.

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 6th unit of the factor of production is
A)-2. 
B)2. 
C)4. 
D)8. 
E)32.

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 6th unit of the factor of production is
A)-2. 
B)2. 
C)4. 
D)8. 
E)32.

Consider the Following Production and Cost Schedule for a Firm