[Answered] In the above table, the marginal product of the fourth worker is A) 1. B) 3. C) 4. D) ...

This topic contains a solution. Click here to go to the answer

Author Question: In the above table, the marginal product of the fourth worker is A) 1. B) 3. C) 4. D) ... (Read 18 times)

Jramos095

Hero Member
Posts: 528

on: Jun 29, 2018

In the above table, the marginal product of the fourth worker is

A) 1.
B) 3.
C) 4.
D) 6.

Question 2

In the above figure, if the government imposed a minimum wage of 8 per hour in this labor market, the increase in the hourly wage for those who are able to keep their jobs is

A) 2 per hour.
B) 4 per hour.
C) 6 per hour.
D) 8 per hour.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

Galvarado142

Sr. Member
Posts: 348

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

A

Jramos095

Member
Posts: 528

Reply 2 on: Jun 29, 2018

Great answer, keep it coming

mcabuhat

Member
Posts: 344

Reply 3 on: Yesterday

Gracias!

« previous next »

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Use a step stool to help an infirm client get on and off the table.

Apply effleurage and direct pressure on attachments of pectoralis minor. Lift one arm off the table ...

Predicted versus Actual GDP per Worker

Find the two integers that have a sum of 20 and a maximum product

table

Table - Correlation Analysis

Author Question: In the above table, the marginal product of the fourth worker is A) 1. B) 3. C) 4. D) ... (Read 18 times)

Jramos095

In the above table, the marginal product of the fourth worker is A) 1. B) 3. C) 4. D) ...

Related Topics

Need homework help now?

Galvarado142

In the above table, the marginal product of the fourth worker is A) 1. B) 3. C) 4. D) ...

Jramos095

mcabuhat