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Home Q & A Board Other Fields Homework Help Business Economics
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stars_and_moon stars_and_moon
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7 years ago
When Dayco increases its employment of labor from 500 units of labor to 501 units of labor its total product increases from 15,000 units to 15,531 units.  Marginal product for the 501st unit of labor is
A) marginal product =  15,531.
B) marginal product =  1.06.
C) marginal product =  31.
D) marginal product =  531.
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kingbykingby
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7 years ago
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#2
7 years ago
Incredible!
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#3
7 years ago
I instantly knew the answer when I read the question, happy to help
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