Essay
Figure 18-8
The figure shows the relationship between the number of mechanics hired and the number of car repairs performed per day at a car-repair shop.
-Refer to Figure 18-8. If the shop charges $150 per repair and pays each of its mechanics a wage of $700 per day, then what is the marginal profit of the second mechanic?
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The marginal product of the second mecha...View Answer
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Correct Answer:
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