Question 1
Hannah's House of Hotcakes serves 30 customers in an hour when it hires one worker. It serves 60 customers in an hour when it hires two workers. The marginal product of the second worker is ________ customers served per hour.
◦ 20
◦ 30
◦ 50
◦ 67.5
Question 2
The formula
q/
L represents
◦ total product.
◦ the average product of labor.
◦ the capital-to-labor ratio.
◦ the marginal product of labor.