Business, 25.11.2021 14:30 antonioamericapcs
Suppose a certain firm is able to produce 330 units of output per day when 30 workers are hired. The firm is able to produce 362 units of output per day when 31 workers are hired, holding other inputs fixed. The marginal product of the 31st worker is
a. 20 units of output.
b. 32 units of output.
c. 30 units of output.
d. 362 units of output.
Answers: 3
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Suppose a certain firm is able to produce 330 units of output per day when 30 workers are hired. The...
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