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 111 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?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

For a complete list of videos, visit our video library