Multiple Choice
Let L represent the number of workers hired by a firm, and let Q represent that firm's quantity of output. Assume two points on the firm's production function are (L = 12, Q = 122) and (L = 13, Q = 130) . Then the marginal product of the 13th worker is
A) 8 units of output.
B) 10 units of output.
C) 122 units of output.
D) 132 units of output.
Correct Answer:
Verified
Correct Answer:
Verified
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