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.

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.