question archive Suppose two workers can harvest $46 and three workers can harvest $60 worth of apples per day
Suppose two workers can harvest $46 and three workers can harvest $60 worth of apples per day
Subject:EconomicsPrice: Bought3
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.
