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rubymole783Lv1
28 Sep 2019
If the total output of candles in Nicks Wicks shop increases from 20 per hour to 30 per hour as he hires the second worker, then
a) the marginal product of the second worker is 20 candles.
b) the marginal product of the second worker is 30 candles.
c) if the price of each candle is $2, the marginal revenue product (MRP) of the second worker is $20.
d) if the price of each candle is $2, the marginal revenue product (MRP) of the second worker is $30.
If the total output of candles in Nicks Wicks shop increases from 20 per hour to 30 per hour as he hires the second worker, then
a) the marginal product of the second worker is 20 candles.
b) the marginal product of the second worker is 30 candles.
c) if the price of each candle is $2, the marginal revenue product (MRP) of the second worker is $20.
d) if the price of each candle is $2, the marginal revenue product (MRP) of the second worker is $30.
Ronaldo MendozaLv10
28 Sep 2019
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