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Author Question: Using the table above, what is the marginal product of the 5th worker hired at Decent Donuts? A) ... (Read 107 times)

karen

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Using the table above, what is the marginal product of the 5th worker hired at Decent Donuts?
 
  A) 86 dozen donuts per day
  B) 22 dozen donuts per day
  C) 17.2 dozen donuts per day
  D) 64 dozen donuts per day

Question 2

Suppose the price of coffee is 3 each, the price of bagels is 2 each and a person's budget is 40. The person's real income is
 
  A) 40.
  B) 13.33 in terms of bagels.
  C) 13.33 in terms of coffee.
  D) 8.



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bdobbins

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Answer to Question 1

B

Answer to Question 2

C





 

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