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A Farmer Is Growing Corn on an Acre of Land

Question 3

Multiple Choice

A farmer is growing corn on an acre of land.Output will be 200 bushels if one worker is hired,500 if two,700 if three,850 if four,and 900 if five.The marginal product of the fourth worker is _____ bushels of corn.


A) 850
B) 150
C) 212.5
D) 50

Correct Answer:

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