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Author Question: The Production Function in the Long and Short RunThe table shows the quantity of workers and ... (Read 23 times)

warrenjean01

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on: Nov 23, 2022
The Production Function in the Long and Short Run

The table shows the quantity of workers and short-run production for Huong's Waffles.

Quantity of WorkersQuantity of Waffles
per Week
00
124​
236​
345​
450​
549​
The waffle maker costs $510 and each worker costs $550 per week. What is the marginal product of labor for fourth worker? What is the average product of labor for the fourth worker?
◦ 50, 1.25
◦ 5, 12.5
◦ 5, 1.25
◦ 50, 12.5
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by warrenjean01 on Nov 23, 2022

dude123

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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warrenjean01

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Reply 2 on: Nov 23, 2022
Excellent

EAN94

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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