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When Burger Barn hires one worker, 10 customers can be served in an hour. When Burger Barn hires two ...

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When Burger Barn hires one worker, 10 customers can be served in an hour. When Burger Barn hires two ...

Question 1.

Firms in an economy with high capital costs have an incentive to use more ________ techniques.

▸ labor-intensive

▸ capital-intensive

▸ labor-saving

▸ capital-dependent

Question 2.

When Burger Barn hires one worker, 10 customers can be served in an hour. When Burger Barn hires two workers, 25 customers can be served in an hour. The marginal product of the second worker is ________ customers served per hour.

▸ 15

▸ 30

▸ 40

▸ 67.5

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 97 times

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Good timing, thanks!

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You make an excellent tutor!

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