Ella owns a factory that produces kitchen knives. She has eight employees, with which her factory can produce 120 knives per day. If she hired a ninth employee, she'd be knives. able to produce 130 wheelbarrows per day. Therefore, the marginal product of the ninth employee is O 12 ο ο ο ο O 10 O 15 O 14 O 11

Economics For Today
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ISBN:9781337613040
Author:Tucker
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Chapter11: Labor Markets
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Ella owns a factory that produces kitchen knives. She has eight employees, with which her factory can produce 120 knives per day. If she hired a ninth employee, she'd be
knives.
able to produce 130 wheelbarrows per day. Therefore, the marginal product of the ninth employee is
O 12
O 10
O 15
O 14
O 11
Transcribed Image Text:Ella owns a factory that produces kitchen knives. She has eight employees, with which her factory can produce 120 knives per day. If she hired a ninth employee, she'd be knives. able to produce 130 wheelbarrows per day. Therefore, the marginal product of the ninth employee is O 12 O 10 O 15 O 14 O 11
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