Wayne’s Jacket Shop sells Wayne’s jackets for $20 each. Wayn

Wayne’s Jacket Shop sells Wayne’s jackets for $20 each. Wayn

Wayne’s Jacket Shop sells Wayne’s jackets for $20 each. Wayne finds that when he hires different… Show more Wayne’s Jacket Shop sells Wayne’s jackets for $20 each. Wayne finds that when he hires different numbers of workers, the corresponding total revenues are as follows: Workers —— Total Revenue 1—————– $1,000 2—————– 1.400 3—————– 2,000 4—————- 1,600 5—————- 800 5. Refer to the above table. What is the marginal revenue product of the fourth worker? A. +$400 B. +$200 C. -$400 D. -$200 • Show less

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