Question: 1. Uze the information in the sccompanying chart to answer the following cuestional. The fimm hires labor competitively and see its product in a competitive

1. Uze the information in the sccompanying chart to answer the

1. Uze the information in the sccompanying chart to answer the following cuestional. The fimm hires labor competitively and see its product in a competitive price-taker market. Units of Labor Total Output Product per day) dollars) Price 6 6 8 40 45 4 6 6 09 6 62 h Refer to the table. What is the marginal reserve product of the fifth unit of labor? B. $35 $54 D. $324

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