Question
The questions are below and i added a picture of the chart and the same questions. 15. In the above table, the marginal product of
The questions are below and i added a picture of the chart and the same questions.
15. In the above table, the marginal product of the fourth worker is
a) 1.
b) 2.
c) 3.
d) 4.
16. In the above table, the marginal product of the third worker is
a) 1.
b) 2.
c) 3.
d) 4.
17. In the above table, the marginal product of the second worker is
a) 1.
b) 3.
c) 4.
d) 6.
18. In the above table, the marginal product is greatest when the
a) first worker is hired.
b) second worker is hired.
c) third worker is hired.
d) fourth worker is hired.
19. In the above table, the average product of three workers is
a) 1.
b) 2.
c) 3.
d) 4.
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