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Lighting2551 Lighting2551
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5 years ago

Question 1.

The Pet Emporium hires workers to bathe cats. The Emporium sells this service for $20. The marginal revenue product of this storeʹs fifth worker is $100. The marginal product of the fifth worker is



▸ 0.2 bathed cats.

▸ 1 bathed cat.

▸ 5 bathed cats.

▸ indeterminate from this information.

Question 2.

Bonita's Braidworks hires workers to braid hair. The store sells the service for $25 per customer. The marginal revenue product of this storeʹs fifth worker is $50. The marginal product of the fifth worker is



▸ 0.5 braided customers.

▸ 2 braided customers.

▸ 25 braided customers.

▸ indeterminate from this information.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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zachcarytcriszachcarytcris
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Lighting2551 Author
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5 years ago
Thanks
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