Multiple Choice
Suppose a certain firm is able to produce 165 units of output per day when 15 workers are hired. The firm is able to produce 181 units of output per day when 16 workers are hired, holding other inputs fixed. The marginal product of the 16th worker is
A) 10 units of output.
B) 11 units of output.
C) 16 units of output.
D) 181 units of output.
Correct Answer:
Verified
Correct Answer:
Verified
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