Multiple Choice
Refer to Scenario 7.8 below to answer the question(s) that follow.
SCENARIO 7.8: A swimming pool cleaning company has the following production possibilities. With one, two, three, and four workers, the company can clean 5, 12, 17, and 20 pools per day, respectively.
-Refer to Scenario 7.8. The marginal product of the third worker is
A) 4.
B) 5.
C) 12.
D) 17.
Correct Answer:
Verified
Correct Answer:
Verified
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