Refer to the table below, which describes employment and production of a firm. The marginal revenue product of the fourth unit of labor is equal to
A.
\(\$ 19\).
B.
\(\$ 16\).
C.
\(\$ 8\).
D.
\(\$ 20\).
E.
\(\$ 2\).
Exam No： AP Micro Practice Test 4 Year：2024 Question No：50
Answer:
B
Knowledge points:
3.1 The Production Function
5.1 Introduction to Factor Markets
5.2 Changes in Factor Demand and Factor Supply
Solution:
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