Harold Brown runs a company that sells encyclopedia sets for 250 ...

[tth]

Harold Brown runs a company that sells encyclopedia sets for 250 each. When he employs 10 workers, they can sell 60 sets per week, while only 54 sets are sold when 9 workers are employed. What is the weekly marginal revenue product of the tenth worker?
 a. 250.
  b. 1,250.
  c. 1,500.
  d. 15,000.

Question 2

When the curve that envelops the series of possible short-run average total cost curves is horizontal, this means that there are:
 a. economies of scale.
  b. diseconomies of scale.
  c. constant returns to scale.
  d. diminishing returns.
  e. some fixed factors of production.

[lkanara2]

Answer to Question 1

c

Answer to Question 2

c