Exhibit 11-11 Labor Wage and Cost Data -In Exhibit 11-11, the Marginal Factor Cost of the 13th

Exhibit 11-11 Labor wage and cost data $$\begin{array} { | c | c | c | c | } \hline \text { Labor } & \text { Wage } & \text { TWC } & \text { MFC } \\\hline 10 & \$ & \$ 50.00 & \$ \\11 & 5.80 & & \\12 & & & 17.80 \\13 & & 102.70 & \\14 & & 126.00 & \\15 & & & 46.50 \\\hline\end{array}$$
-In Exhibit 11-11, the marginal factor cost of the 13th employee is equal to:

A) $102.70.
B) $17.80.
C) $7.90.
D) $21.10.
E) $17.80

Correct Answer:

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