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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

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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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