Look at the production schedule of the Widget Company below: ...

[arivle123]

Look at the production schedule of the Widget Company below:
 
  Number of workers 0 1 2 3 4 5
  Number of widgets 0 12 22 30 36 40
 
  What is the marginal product of the second worker?
  A) 8
  B) 10
  C) 12
  D) 22

Question 2

Points to the right of the IS schedule indicate that
 
  a. investment plus government spending will exceed saving plus taxes.
  b. the amount of money supplied exceeds the amount of money demanded.
  c. saving plus taxes will exceed investment plus government spending.
  d. the amount of money demanded exceeds the amount of money supplied.

[jxjsniuniu]

Answer to Question 1

B

Answer to Question 2

C

[arivle123]

Thanks for the timely response, appreciate it

[billybob123]

Great answer, keep it coming