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Espresso Yourself Coffee Shop hires workers in a competitive labor market to make coffee. The ingredients required to make each cup of coffee cost 50

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Espresso Yourself Coffee Shop hires workers in a competitive labor market to make coffee. The ingredients required to make each cup of coffee cost 50 cents. The coffee shop's hourly output of coffee varies with the number of workers hired, as shown in the table. Each cup of coffee sells for $2 00. Number of Coffee workers ( cups/hour) 25 2 45 3 60 70 UT 75 The marginal product of the third worker is than the marginal product of the second worker, implying that Multiple Choice neither greater nor less, the third worker will be hired greater, diminishing returns are absent less, the third worker will never be hired

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