Author Question: If the marginal product of the second worker hired by a firm is 14 units and the price of a unit of ... (Read 81 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
If the marginal product of the second worker hired by a firm is 14 units and the price of a unit of output is 7 regardless of the quantity of output sold, then the marginal revenue product of the second worker is
 a. 98
  b. 14
  c. 7
  d. 2
  e. 21

Question 2

Control of water pollution from pesticide runoff in the United States is the responsibility of
 a. the U.S. Department of Agriculture
  b. the Environmental Protection Agency
  c. state attorneys general
  d. state departments of agriculture
  e. state environmental protection agencies



hramirez205

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library