Multiple Choice
If the total product of three workers is 214 and the total product of four workers is 221,then the marginal product of the fourth worker is
A) 71.3.
B) 55.25.
C) 7.
D) 62.14.
E) 1.75.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: At that amount of output where diminishing
Q23: If constant returns to scale are present,<br>A)average
Q32: Marginal cost equals<br>A)Q/TVC.<br>B)ΔTFC/ΔTC.<br>C)ΔTC/ΔQ.<br>D)ΔQ/ΔTVC.<br>E)(TC - TVC)/Q.
Q72: The steeper the slope of the total
Q75: The range over which average variable cost
Q91: The long run is a time frame
Q97: Economies of scale are present when<br>A)the LRAC
Q98: Marginal cost is the amount that<br>A)total cost
Q104: A firm will want to increase its
Q119: Use the figure below to answer the