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Author Question: Refer to Scenario 7.8 below to answer the question(s) that follow. SCENARIO 7.8: A swimming pool ... (Read 38 times)

rosent76

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on: Apr 19, 2019

Question 1

Use the information provided in Table 7.4 below to answer the question(s) that follow.







Refer to Table 7.4. If the hourly price of capital is $40 and the hourly wage rate is $10, which production technology should be selected?


◦ A
◦ B
◦ C
◦ D

Question 2

Refer to Scenario 7.8 below to answer the question(s) that follow. 

SCENARIO 7.8: A swimming pool cleaning company has the following production possibilities. With one, two, three, and four workers, the company can clean 5, 12, 17, and 20 pools per day, respectively. 





Refer to Scenario 7.8. The marginal product of the second worker is


◦ 3.
◦ 5.
◦ 7.
◦ 12.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by rosent76 on Apr 19, 2019

Qarqy

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rosent76

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Reply #2 on: Apr 19, 2019
TY


Qarqy

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Reply #3 on: Apr 19, 2019
You're welcome


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