-Refer to the above table. Suppose the firm hires 5 workers and the price of the good sold is $3. The marginal factor cost of labor must be

Question

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The marginal factor cost (MFC) of labor is the additional cost of hiring one more worker. If the firm hires 5 workers and the price of the good is $3, the MFC is calculated as the change in total cost divided by the change in quantity of labor. Without specific data on total cost or the cost of additional workers, a direct calculation cannot be made. However, given the options and the context, the correct answer is likely based on an understanding of economic principles or a specific detail in the question that was not provided. Since there's no direct way to calculate MFC from the given information (price of the good and number of workers), the correct choice must be inferred or might relate to a detail not included in the text provided.

-Refer to the Above Table