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Author Question: If the marginal product of the second worker hired by a firm is 14 units and the price of a unit of ... (Read 73 times)

pragya sharda

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  • Posts: 566
on: Jun 30, 2018
If the marginal product of the second worker hired by a firm is 14 units and the price of a unit of output is 7 regardless of the quantity of output sold, then the marginal revenue product of the second worker is
 a. 98
  b. 14
  c. 7
  d. 2
  e. 21

Question 2

Control of water pollution from pesticide runoff in the United States is the responsibility of
 a. the U.S. Department of Agriculture
  b. the Environmental Protection Agency
  c. state attorneys general
  d. state departments of agriculture
  e. state environmental protection agencies


hramirez205

  • Sr. Member
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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


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