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Author Question: Number of workersMarginal product (bats per hour)1827364554 The table has the marginal products for ... (Read 26 times)

fnuegbu

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Number of workersMarginal product
(bats per hour)
18
27
36
45
54

The table has the marginal products for workers at Bart's Bats, a baseball bat factory.


Using the above table, if the wage rate for a worker in a baseball bat manufacturing plant is $18 an hour, and the price of a bat is $3, then the firm will hire ________ workers.
◦ 1
◦ 2
◦ 3
◦ 4
◦ More information is needed to determine how many workers will be hired.


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Marked as best answer by fnuegbu on May 24, 2019

Chou

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