Author Question: If 14 workers produce a total of 25 cabinets and 15 workers produce a total of 30 cabinets, a. the ... (Read 128 times)

hubes95 · **on:** Jun 30, 2018

If 14 workers produce a total of 25 cabinets and 15 workers produce a total of 30 cabinets,
a. the marginal product of the fifteenth worker is 2 cabinets
b. the marginal product of the fifteenth worker is 5 cabinets
c. the marginal product of the fifteenth worker is 30 cabinets
d. the marginal product of the fifteenth worker is 5
e. diminishing returns begins with the fifteenth worker

Question 2

Government allocation of pollution rights cannot be efficient if polluters cannot be easily identified and monitored.
a. True
b. False