Exhibit 6-3 A marginal product curve As shown in Exhibit 6-3, the marginal product of labor for the last worker hired when 5 workers are employed per day is:

Name: Exhibit 6-3 A marginal product curve As shown in Exhibit 6-3, the marginal product of labor for the last worker hired when 5 workers are employed per day is:
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Question

Exhibit 6-3  A marginal product curve  As shown in Exhibit 6-3, the marginal product of labor for the last worker hired when 5 workers are employed per day is:

Quizplus · Accepted Answer

The marginal product of labor for the last worker hired when 5 workers are employed per day is 150, as shown by the point where the MP curve intersects the y-axis at 150.

Exhibit 6-3 a Marginal Product Curve as Shown in Exhibit