- Table 30

Multiple Choice

- Table 30.4 shows how many hairstyling appointments a hair salon can schedule per week based on the number of stylists.In the spaces provided,compute the marginal physical product (MPP) of the hairstylists,total revenue,and the marginal revenue product of the stylists,assuming that a hairstylist charges $60 per appointment.In Table 30.4,as more stylists are hired,

A) There are diminishing returns.
B) There are economies of scale.
C) There are diseconomies of scale.