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The following table shows the number of cakes that could be baked daily at a local bakery, depending on the number of bakers. What is
The following table shows the number of cakes that could be baked daily at a local bakery, depending on the number of bakers. What is the marginal product of labor moving from the first to the second worker hired?
Number of Bakers | Number of Cakes |
0 | 0 |
1 | 10 |
2 | 25 |
3 | 35 |
4 | 43 |
5 | 48 |
6 | 50 |
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