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Author Question: When Burger Barn hires one worker, 10 customers can be served in an hour. When Burger Barn hires two ... (Read 143 times)

burchfield96

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Question 1

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 average product of labor with four workers is


◦ 3.
◦ 3.3.
◦ 5.
◦ 13.5.

Question 2

When Burger Barn hires one worker, 10 customers can be served in an hour. When Burger Barn hires two workers, 25 customers can be served in an hour. The marginal product of the second worker is ________ customers served per hour.


◦ 15
◦ 30
◦ 40
◦ 67.5


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Marked as best answer by burchfield96 on Apr 19, 2019

Dinolord

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burchfield96

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it


parker125

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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