When Coffee 'n' Cream in Victoria,British Columbia hires two students,64 customers can be served in one hour.Suppose the manager of the restaurant observes that after hiring the third student,80 customers are being served in one hour.The marginal product of the third student is ________ customers per hour.
A)4
B)16
C)8
D)26.67
E)32

Question

Quizplus · Accepted Answer

The marginal product of the third student is calculated by subtracting the total customers served with two students from the total customers served with three students. So, 80 customers - 64 customers = 16 customers per hour.

When Coffee 'N' Cream in Victoria,British Columbia Hires Two Students,64