In the above table, what is the marginal physical product of worker 5?

A) 8
B) 10
C) 11
D) 7

A

Economics

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If a monopolist is producing a rate of output at which market demand is inelastic,

a. it may or may not be maximizing its short-run profit b. reducing output would reduce both total revenue and total cost c. reducing output would increase both total revenue and total cost d. reducing output would increase total revenue and reduce total cost e. increasing output will increase its short-run economic profit

Economics

You turn to the Treasury bond market page of a newspaper and look under the column headed "Bid" and see that it says, "125:8" this indicates that

A) the price that the buyer is willing to pay for this bond is $125.08. B) the price that the buyer is willing to pay for this bond is $1,252.50. C) the price that the seller is willing to sell this bond for is $125.80. D) the price that the seller is willing to sell this bond for is $125.08.

Economics