This topic contains a solution. Click here to go to the answer

Author Question: Using the table above, what is the marginal product of the 5th worker hired at Decent Donuts? A) ... (Read 110 times)

karen

  • Hero Member
  • *****
  • Posts: 537
Using the table above, what is the marginal product of the 5th worker hired at Decent Donuts?
 
  A) 86 dozen donuts per day
  B) 22 dozen donuts per day
  C) 17.2 dozen donuts per day
  D) 64 dozen donuts per day

Question 2

Suppose the price of coffee is 3 each, the price of bagels is 2 each and a person's budget is 40. The person's real income is
 
  A) 40.
  B) 13.33 in terms of bagels.
  C) 13.33 in terms of coffee.
  D) 8.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bdobbins

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

B

Answer to Question 2

C





 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library