Output Marginal Labor (Q) Product 20 1 20 50 2 100 10 5 130 6 135 In the table above, what is Marginal Product (MP) between 3 and 4 units of Labor? Select one: а. 15 b. 10 C. 20 d. 25 3.

what is the marginal product?

To answer, refer to the following: "At Huffy's ... bicycle factory, 1,700 employees turn out 15,000 bicycles a day. Five years ago, it required 2,200 workers to make 10,000 bikes daily." Today, at the Huffy bicycle factory, Multiple Choice O the total product is 15,000 bicycles per day. the marginal product of labor is 10 additional bicycles per additional employee. O the average product of labor is 8.8 bicycles per employees. both "the total product is 15,000 bicycles per day" and "the marginal product of labor is 10 additional bicycles per additional employee". both "the total product is 15,000 bicycles per day" and "the average product of labor is 8.8 bicycles per employees".

onsider the following diagram, which shows units of labour on the x-axis and units of capital on the y-axis: The parallel diagonal lines illustrate different unit prices of labour and capital. is it true or false

8. If Y-AK0.5 10.5 and A, K, and L are all 100, the marginal product of capital is: A) 50 B) 100. C) 200. D) 1,000.

70 60 50 40 30 20 10 0 $ 0 10 20 30 40 LS MFC VMP MRP 444L 50 01. Assuming the price of the product is $2.00, what is the Marginal Physical Product (MPP) of Labor of the 45-th unit of labor? (a) 10 (b) 20 O (c) 30

do fast all answer.

Use the following information to answer the question below: Study Hours Grade O 1 3 17 124 124 124 4 10 11 12 13 14 15 16 18 19 20 O 25 42 57 69 79 96 103 109 114 118 121 123 124 124 124 124 The marginal product of the 7th hour of study is: Select one: O a. 88 O b. 9 O. 96 O d. 8

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The table below shows data for the production of Avocados for an individual firm. Number of workers Number of Avocados 0 0 1 70 2 126 3 168 4 196 5 210 Given this data, what is the marginal product of labor when quantity increases from 1 by one unit?