menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 19: Markets for Factors of Production
  5. Question
    -Kevin Owns a Personal Training Gym in Laredo,Texas
Solved

-Kevin Owns a Personal Training Gym in Laredo,Texas

Question 163

Question 163

Multiple Choice

  -Kevin owns a personal training gym in Laredo,Texas.He charges $41 per session.The above table shows the marginal product of trainers in Kevin's gym.If Kevin hires four trainers,the value of marginal product of the fourth trainer equals A)  10 clients. B)  $410. C)  $41. D)  1 client. E)  $10.25.
-Kevin owns a personal training gym in Laredo,Texas.He charges $41 per session.The above table shows the marginal product of trainers in Kevin's gym.If Kevin hires four trainers,the value of marginal product of the fourth trainer equals


A) 10 clients.
B) $410.
C) $41.
D) 1 client.
E) $10.25.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q158: If the wage rate increases,then<br>A) the quantity

Q159: "In order for Charlie Trotter's,an upscale restaurant

Q160: If the price of capital falls,in the

Q161: According to the Hotelling Principle,the price of

Q162: Considered as a factor of production,coal is

Q164: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The table shows

Q166: Other things remaining the same,the<br>A) higher the

Q168: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The table

Q188: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure

Q352: Why does an increase in the minimum

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2026) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines