Author Question: Refer to the table above. What is the marginal product of the sixth worker? A) 20 pairs of shoes ... (Read 197 times)

Melani1276 · **on:** Jun 29, 2018

Refer to the table above. What is the marginal product of the sixth worker?

A) 20 pairs of shoes
B) 46.7 pairs of shoes
C) 60 pairs of shoes
D) 280 pairs of shoes

Question 2

The above figure plots income and consumption in a nation. In 2007

A) consumption was equal to 25,000 and income was equal to 28,000.
B) consumption was equal to 28,000 and income was equal to 25,000.
C) consumption was equal to 25,000 and income was equal to 25,000.
D) consumption was equal to 27,000 and income was equal to 31,000.