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Sam Owns a Candy Factory and Hires Workers in a Competitive

Question 1

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Sam owns a candy factory and hires workers in a competitive labor market to pack cases of candy.The company's weekly output of cases of candy varies with the number of workers hired,as shown in the table:  Number of workers  Cases/week 00116023103450458057006810\begin{array} { c c } \text { Number of workers } & \text { Cases/week } \\0 & 0 \\1 & 160 \\2 & 310 \\3 & 450 \\4 & 580 \\5 & 700 \\6 & 810\end{array}
The marginal product of the fourth worker is _______.


A) 110
B) 130
C) 140
D) 145

Correct Answer:

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