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Home Q & A Board Other Fields Homework Help Business Economics
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lambchop03 lambchop03
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4 years ago

Question 1.

Assume the total product of three workers is 60 and the total product of four workers is 80. The four worker's average product is ________ while the fourth worker's marginal product is ________.



▸ 5; 15

▸ 15; 5

▸ 20; 20

▸ 80; 20

Question 2.

Hannah's House of Hotcakes serves 30 customers in an hour when it hires one worker. It serves 60 customers in an hour when it hires two workers. The marginal product of the second worker is ________ customers served per hour.



▸ 20

▸ 30

▸ 50

▸ 67.5
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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GparkerGparker
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4 years ago
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lambchop03 Author
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4 years ago
Thanks
deathwing
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Yesterday
Thank you, thank you, thank you!
jbag1237
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2 hours ago
Correct Slight Smile TY
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