Solved

Damian Owns a Tattoo Parlor and Has Hired Three Tattoo

Question 121

Short Answer

Damian owns a tattoo parlor and has hired three tattoo artists to work for him. The marginal product of labour is 8 for the first artist, 12 for the second artist, and 7 for the third artist. What is Damian's average product of labour for these three tattoo artists?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents