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=6,Q=147) and (L=7,Q=174) .The marginal product of the seventh worker is
A) 25 units of output.
B) 27 units of output.
C) 37 units of output.
D) 174 units of output.
Correct Answer:
Verified
Correct Answer:
Verified
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