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42) The value of the marginal product is equal to A) marginal product marginal cost. B) marginal product product price. C) marginal revenue * marginal

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42) The value of the marginal product is equal to A) marginal product marginal cost. B) marginal product product price. C) marginal revenue * marginal cost. D) marginal cost product price. E) marginal product + product price. Marginal product (bats per Number of worker's 1 2 3 4 5 hour) 8 7 6 5 4 The table has the marginal products for workers at Bart's Bats, a baseball bat factory. 43) Using the above table, if the price of a bat is $8, then the value of marginal product of labor of the fourth worker is D) 5 bats. B) $0.625. E) None of the above answers is correct. C) $1.375. A) $40! 44) Using the above table, if the wage rate for a worker in a baseball bat manufacturing plant is $18 an hour, and the price of a bat is $3, then the firm will hire workers A) 1 B) 2 C) 3 D) 4 E) More information is needed to determine how many workers will be hired

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