Lauren has 11 people working in her tangerine grove.The marginal product of the eleventh worker is 13 bushels of tangerines.If she hires a twelfth worker,the marginal product of that worker will be _____ bushels.
A) 14
B) 15
C) 12
D) The answer cannot be determined with the information available.
Correct Answer:
Verified
Q1: In economics,the short run is defined as:
A)less
Q3: If two firms are identical in all
Q4: The term diminishing returns refers to a:
A)falling
Q5: The _ curve shows the absolute quantities
Q6: If two firms are identical in all
Q7: Use the following to answer question:
Q8: Use the following to answer question:
Q9: The long run is a planning period:
A)over
Q10: In economics,the short run is:
A)less than 1
Q11: A fixed input is one:
A)that only exists
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