Suppose two workers can harvest $46 and three workers can harvest $60 worth of apples per day. On the basis of this information we can say that the:
A. Marginal product of each of the first two workers is 23
B. Marginal revenue product of each of the first two workers is $23
C. Marginal revenue product of the third worker is $14
D. Third worker should not be hired
C. Marginal revenue product of the third worker is $14
You might also like to view...
The structure and formality of a planning document depend largely on:
a. The chief executive b. The size of the organization c. State regulations d. The person preparing the document
Taking steps to protect one's privacy is enough to protect against law enforcement intrusion.
Answer the following statement true (T) or false (F)
What distinguishes delinquency from criminality?
What will be an ideal response?
Selye formulated the general adaptation syndrome (GAS) to describe how stress, on the biological level, can greatly enable an individual
Indicate whether the statement is true or false