The Following Table Shows Total Output Produced by Different Units

The following table shows total output produced by different units of capital.Table 14.3
The marginal revenue product of a resource is the product of the marginal product of the resource and the marginal revenue.
-The producer can raise the level of profit by hiring more units of a resource if:

A) the marginal revenue product of the resource is equal to the marginal factor cost.
B) the marginal factor cost becomes negative.
C) the marginal revenue product of the resource is greater than the marginal factor cost.
D) the marginal revenue product falls to zero.
E) the marginal revenue product of the resource is less than the marginal factor cost.

Correct Answer:

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