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    Exam 22: The Firm: Cost and Output Determination
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    Suppose That One Worker Can Produce 15 Cookies, Two Workers
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Suppose That One Worker Can Produce 15 Cookies, Two Workers

Question 4

Question 4

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 average product of the first two workers?


A) 15 cookies
B) 20 cookies
C) 17.5 cookies
D) 35 cookies

Correct Answer:

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