Andry produces all-natural tote bags. She currently hires 20 workers who produce 240 bags a day. If she hires another worker, the worker's marginal product will be 33 tote bags a day. What would be the average product per day of 21 workers?

Andry produces all-natural tote bags. She currently hires 20 workers who produce 240 bags a day. If she hires another worker, the worker's marginal product will be 33 tote bags a day. What would be the average product per day of 21 workers?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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Andry produces all-natural tote bags. She currently hires 20 workers who produce 240 bags a day. If she hires another worker, the
worker's marginal product will be 33 tote bags a day. What would be the average product per day of 21 workers?
Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.
a
b
C
Question 33
d
33 tote bags
1.6 tote bags
13 tote bags
273 tote bags

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