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Suppose Two Workers Can Harvest $46 and Three Workers Can

Question 77

Multiple Choice

Suppose two workers can harvest $46 and three workers can harvest $60 worth of apples per day.On the basis of this information we can say that the:


A) marginal product of each of the first two workers is 23.
B) marginal revenue product of each of the first two workers is $23.
C) marginal revenue product of the third worker is $14.
D) third worker should not be hired.

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