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Satsume Satsume
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6 years ago
You operate a car detailing business with a fixed amount of machinery (capital), but you have recently altered the number of workers that you employ per hour.  Three employees can generate an average product of 4 cars per person in each hour, and five employees can generate an average product of 3 cars per person in each hour.  What is the marginal product of labor as you increase the labor from three to five employees?
A) MP = 3 cars
B) MP = 1.5 cars
C) MP = 15 cars
D) MP = -1 cars
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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6 years ago
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Satsume Author
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6 years ago
Thanks for your help!!
my2redeyes
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
rene_ram97
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2 hours ago
Good timing, thanks!
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