Multiple Choice
Assume that the product price is $4 per unit and that the hourly wage for workers is $12.Neither price nor wage changes with output.In Table 30.3, the marginal physical product of the third worker hired is
A) 15 units per hour.
B) 4 units per hour.
C) 3 units per hour.
D) 5 units per hour.
Correct Answer:
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