Author Question: If the value of marginal product of a worker is 40 and the marginal product of the worker is 8 ... (Read 167 times)

mia · **on:** Jun 29, 2018

If the value of marginal product of a worker is 40 and the marginal product of the worker is 8 units, the market price of the good he produces is:

A) 2.
B) 5.
C) 8.
D) 10.

Question 2

Education leads to external benefits because

A) the people who become better educated get better jobs.
B) better educated people commit fewer crimes.
C) better educated people are less lazy.
D) little pollution is created when educating people.
E) better educated people are more productive.