Suppose the Tasty Taco Company Produces Tacos What Is the Value of the Marginal Product of the Tacos
Suppose the Tasty Taco Company produces tacos. The number of tacos it can produce each hour depends on the number of workers it hires, as shown in the accompanying table. In addition, each taco can be sold for 50 cents more than the cost of the ingredients needed to produce it.
What is the value of the marginal product of the 4th worker hired each hour?
A) $70
B) $35
C) $5
D) $10
Correct Answer:
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