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Subject - Economics:

Microeconomics

MCQ - 123-4133

Question:

5 Dup 2 -54612576
Which unit of labor has marginal revenue product equal to $1.50?

  1. 1st
  2. 2nd
  3. 3rd
  4. 2nd
  5. 5th

Correct Answer: E

Explanation:

P × MPL = MRPL .

Record Performance

269 MCQ for effective preparation of the test of Microeconomics of Economics section.

Read the MCQ statement: Which unit of labor has marginal revenue product equal to $1.50? , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 123-4133.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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