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Help to answer this. 4 Each summer Chapel Hill Financial Advisors h_a_s__t_g decide how many summer interns to hire to assist in writing a series

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4 Each summer Chapel Hill Financial Advisors h_a_s__t_g decide how many summer interns to hire to assist in writing a series of market reports. They know from previous experience that the productivity of their office over the summer can be summed up in the table below assuming the other aspects of their business are stabie. {Assume it will be the case that everything else about their business will remain the same during the summer.) The market reports generated during the summer each bring in an additional $1,500 in revenue on average. What is the marginal product of the 2nd student intern? That is how many additional reports do they produce? What is the value of the marginal product of the 2nd student intern? Number of Total Reports Marginal Product of Value of the Student Interns Produced Student Interns . :4 .. II Product __ _ .- _ m- 8 38

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