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During the Summer Jeremy, a Small Business Owner, Can Hire

Question 63

Multiple Choice

During the summer Jeremy, a small business owner, can hire extra staff to help him repair boats.On his own Jeremy can repair 10 boats a day, adding a second staff member sees 15 boats a day repaired, and adding a third sees 18 boats a day repaired.The marginal product of the third worker is:


A) 18 boats/day
B) 15 boats/day
C) 5 boats/day
D) 3 boats/day

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