In the table at right, the marginal product of the second worker is

A. 98
B. 38
C. 68
D. It cannot be determined


Answer: B. 38

Economics

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Indicate whether the statement is true or false

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Suppose that Captain Canada can produce 100 hockey sticks or 10 gallons of maple syrup in a typical work week, while Captain Germany can produce 90 hockey sticks or 10 gallons of maple syrup in a typical work week. From these numbers, we can conclude

a. Captain Canada has a comparative advantage in the production of hockey sticks. b. Captain Germany has a comparative advantage in the production of maple syrup. c. Captain Canada has an absolute advantage in the production of hockey sticks. d. All of the above conclusions are correct.

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Which statement about nontransaction deposits is true?

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