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-Refer to the Above Table

Question 63

Multiple Choice

-Refer to the above table. Suppose the marginal revenue product of the 7th worker is $1100. This implies that A) the price of the good is $1. B) the price of the good is $8. C) the price of the good is $20. D) we cannot tell what the price of the good is without more information.
-Refer to the above table. Suppose the marginal revenue product of the 7th worker is $1100. This implies that


A) the price of the good is $1.
B) the price of the good is $8.
C) the price of the good is $20.
D) we cannot tell what the price of the good is without more information.

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