Refer to Scenario 7.7 below to answer the question(s) that ...

[james0929]

Question 1

Refer to the information provided in Figure 7.2 below to answer the question(s) that follow. 









Refer to Figure 7.2. The average product of the first worker is ________ lawns moved.

◦ 3
◦ 4
◦ 5
◦ 11

Question 2

Refer to Scenario 7.7 below to answer the question(s) that follow. 

SCENARIO 7.7: A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mow 4, 9, 12, and 14 lawns per day, respectively. 





Refer to Scenario 7.7. The marginal product of the second worker is

◦ 3.
◦ 4.
◦ 5.
◦ 9.

[SomethingSomething]

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[tfester]

Question 1

Refer to Scenario 7.7 below to answer the question(s) that follow. 

SCENARIO 7.7: A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mow 4, 9, 12, and 14 lawns per day, respectively. 





Refer to Scenario 7.7. The marginal product of the third worker is

◦ 2.
◦ 3.
◦ 4.
◦ 12.

Question 2

Refer to Scenario 7.7 below to answer the question(s) that follow. 

SCENARIO 7.7: A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mow 4, 9, 12, and 14 lawns per day, respectively. 





Refer to Scenario 7.7. The marginal product of the fourth worker is

◦ 2.
◦ 3.
◦ 12.
◦ 14.

[jharrington11]

Answer 1

3.

Answer 2

2.

[tfester]

Thank you!

[jharrington11]

Always glad to help...

[yoooooman]

Question 1

Refer to Scenario 7.7 below to answer the question(s) that follow. 

SCENARIO 7.7: A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mow 4, 9, 12, and 14 lawns per day, respectively. 





Refer to Scenario 7.7. Diminishing returns to labor set in with the ________ worker.

◦ first
◦ second
◦ third
◦ fourth

Question 2

Refer to Scenario 7.7 below to answer the question(s) that follow. 

SCENARIO 7.7: A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mow 4, 9, 12, and 14 lawns per day, respectively. 





Refer to Scenario 7.7. The average product of labor with three workers is

◦ 3.
◦ 3.5.
◦ 4.
◦ 12.

[zacnyjessica]

Answer 1

third

Answer 2

4.