The relationship between labour usage and output at the local Starducks is summarized in the table below.The price of a cup of espresso is $1.25 and no other inputs are required. 
-Refer to the information above.The marginal product of the third worker is __________ the marginal product of the second worker,which means that __________.
A) greater than;diminishing returns are absent
B) less than;diminishing returns are present
C) equal to;the third worker will be hired
D) less than;diminishing returns are absent
E) greater than;diminishing returns are present
Correct Answer:
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Q1: The relationship between labour usage and output
Q2: The benefit of hiring an extra worker
Q4: The optimal number of workers for a
Q5: The value of marginal product
A) is equal
Q6: One of the reasons why the majority
Q7: Lou's marginal product is 12,the firm's output
Q8: Firms tend to assess wage compensation to
Q9: When a highly qualified individual is eliminated
Q10: If Billy's value of marginal product is
Q11: A firm is interested in what other
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