-The Table Above Shows Information for Jen's Gymnastics B)

$$\begin{array} { | c | c | c | } \hline & \begin{array} { c } \text { Quantity of } \\\text { Labor }\end{array} & \begin{array} { c } \text { Total Product } \\\text { (gymnasts trained per hour) }\end{array} \\\hline \text { A } & 0 & \\\hline \text { B } & 1 & 7 \\\hline \text { C } & 2 & 13 \\\hline \text { D } & 3 & 17 \\\hline \text { E } & 4 & 19 \\\hline \text { F } & 5 & 20 \\\hline\end{array}$$
-The table above shows information for Jen's Gymnastics.Jen hires coaches and charges $20 per hour for gymnastics lessons.Using the information in the table,which of the following shows the correct demand for labor for Jen's Gymnastics?

A) $\begin{array} { | c | c | } \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\\hline 1 & \$ 140 \\\hline 2 & \$ 120 \\\hline 3 & \$ 80 \\\hline 4 & \$ 40 \\\hline 5 & \$ 20 \\\hline\end{array}$
B) $\begin{array} { | c | c | } \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\\hline 1 & 7 \\\hline 2 & 6 \\\hline 3 & 4 \\\hline 4 & 2 \\\hline 5 & 1 \\\hline\end{array}$
C) $\begin{array} { | c | c | } \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\\hline 1 & 7 \\\hline 2 & 13 \\\hline 3 & 17 \\\hline 4 & 19 \\\hline 5 & 20 \\\hline\end{array}$
D) $\begin{array} { | c | c | } \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\\hline 1 & \$ 140 \\\hline 2 & \$ 260 \\\hline 3 & \$ 340 \\\hline 4 & \$ 380 \\\hline 5 & \$ 400 \\\hline\end{array}$
E) $\begin{array} { | c | c | } \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\\hline 1 & \$ 0 \\\hline 2 & \$ 20 \\\hline 3 & \$ 40 \\\hline 4 & \$ 60 \\\hline 5 & \$ 80 \\\hline\end{array}$

Correct Answer:

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