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Author Question: A firm can produce 840 gallons of paint per day with 6 workers, or 910 gallons per day with 7 ... (Read 206 times)

chandani

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on: Jun 30, 2018
A firm can produce 840 gallons of paint per day with 6 workers, or 910 gallons per day with 7 workers. The marginal product of labor over this range of output, stated in gallons per worker per day, is
 a. 140.
  b. 135.
  c. 130.
  d. 70.

Question 2

If 30 is paid for a share of stock and the earning per share is 3, how long will it take for the firm's earnings to add up to the purchase price?
 a. 30 years
  b. 3 years
  c. 27 years
  d. 10 years
  e. 90 years


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randomguy133

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


chandani

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  • Posts: 541
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

shewald78

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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