menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today
  4. Exam
    Exam 22: The Firm: Cost and Output Determination
  5. Question
    Suppose That One Worker Can Produce 15 Cookies, Two Workers
Solved

Suppose That One Worker Can Produce 15 Cookies, Two Workers

Question 303

Question 303

Multiple Choice

Suppose that one worker can produce 15 cookies, two workers can produce 35 cookies together, and three workers can produce 65 cookies together. What is the marginal product of the 2nd worker?


A) 15 cookies
B) 20 cookies
C) 30 cookies
D) 35 cookies

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -If total costs

Q83: An increase in output would result in

Q86: A fixed resource is one that<br>A) is

Q189: "All average costs have a U-shaped curve."

Q208: What is a production function?

Q245: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q271: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q308: Which of the following is correct?<br>A) AFC

Q335: The total cost of the firm<br>A) includes

Q374: When total product is increasing at a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines