Name Use the table below (Table of Production of chocolate bars) to answer questions 9-13. Each chocolate bar sells for $2. The wage rate is $12 per hour. Number of Workers Total Output of chocolate bars per hour 2 . O 25 2 50 44 DHNM + 19 2 38 12 60 70 10 2 32 10 75 2 20: 12 78 10 +0 4 8. What is the marginal product of the second worker? a 10 6 19 c) 21 d) 22 9. What is the Marginal revenue product of the 6th worker? a) $2 b] $6 c) $10 - d) $12 10. Diminishing marginal returns begin after the hiring of which worker? a) second b) third c) fourth d) fifth 11. Given the wage rate of $12, how many workers will you hire? a) two b) three c) four d) five 12. Given your answer in question 11, what will be your total output? a) 70 b) 75 C) 78 d) 140 AP Micro Quiz #7 Fall 2022 - MG