Multiple Choice
When Sam's Scarves uses 2 knitting machines and employs 3 people, total revenue is $330 a day. When Sam's Scarves uses 2 knitting machines and employs 4 people, total revenue is $360 a day. The value of marginal product of the third worker is
A) $110.
B) $30.
C) $360.
D) $90.
Correct Answer:
Verified
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