Figure 12.2 Figure 12.2 shows the marginal revenue product for Becca's Baubles, a producer of hand-beaded bracelets.
-Refer to Figure 12.2 If Becca can sell her bracelets at $3 each, the marginal product of the 4^th worker is

Question

Figure 12.2 Figure 12.2 Figure 12.2 shows the marginal revenue product for Becca's Baubles, a producer of hand-beaded bracelets. -Refer to Figure 12.2 If Becca can sell her bracelets at $3 each, the marginal product of the 4<sup>th</sup> worker is A) $36 B) 12 bracelets C) 36 bracelets D) $144

Figure 12.2 Figure 12.2 shows the marginal revenue product for Becca's Baubles, a producer of hand-beaded bracelets. -Refer to Figure 12.2 If Becca can sell her bracelets at $3 each, the marginal product of the 4<sup>th</sup> worker is A) $36 B) 12 bracelets C) 36 bracelets D) $144

Figure 12.2 shows the marginal revenue product for Becca's Baubles, a producer of hand-beaded bracelets.
-Refer to Figure 12.2 If Becca can sell her bracelets at $3 each, the marginal product of the 4^th worker is

Quizplus · Accepted Answer

At $3 per bracelet, the marginal revenue product line intersects the marginal cost of labor curve at a quantity of 12 bracelets. Therefore, the marginal product of the 10th worker is 12 bracelets.

Figure 122 Figure 12