This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the formula for the average product of labor? (Read 72 times)

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
on: Apr 19, 2019

Question 1

When Burning Bob's Salsa House hires one worker, 30 customers can be served in an hour. When Burning Bob's Salsa House hires two workers, 50 customers can be served in an hour. The marginal product of the second worker is ________ customers served per hour.


◦ 20
◦ 30
◦ 50
◦ 67.5

Question 2

What is the formula for the average product of labor?


◦ Δ
q/Δ
L 
◦ Δ
L/Δ
q 
◦ q/
L 
◦ L/
q 
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by SAVANNAHHOOPER23 on Apr 19, 2019

makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
Reply #2 on: Apr 19, 2019
Thank you!


makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Average optimal blood pressure for age Average optimal blood pressure for age
The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007). The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007).
How to calculate regular payments or deposits using the annuity formula (Question 2) How to calculate regular payments or deposits using the annuity formula (Question 2)
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
The Stages of Labor and Birth in a Vaginal Delivery The Stages of Labor and Birth in a Vaginal Delivery
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library