Refer to Table 11-2. What is the marginal product of the 4th worker?
A) 230 bushels B) 57.4 bushels C) 50 bushels D) 12.4 bushels
C
Economics
You might also like to view...
State and explain three [or some other number chosen by the instructor] reasons why the scope for further expansion of developing country commodity exports is likely to be limited
What will be an ideal response?
Economics
Refer to the table below, which shows the ranked preferences of voters for three alternative projects, with "1" being the top preference. In a paired-choice vote between a stadium and a park:
A. A majority of the voters would favor the park, 2-to-1
B. A majority of the voters would favor the stadium, 2-to-1
C. A majority of the voters would favor the park, 3-to-0
D. A majority of the voters would favor the stadium, 3-to-0
Economics