Multiple Choice
If 14 workers produce a total of 25 cabinets and 15 workers produce a total of 30 cabinets,then _____
A) the marginal product of the fifteenth worker is 2 cabinets.
B) the marginal product of the fifteenth worker is 5 cabinets.
C) the marginal product of the fifteenth worker is 30 cabinets.
D) the marginal product of the fifteenth worker is $5.
E) diminishing returns begins with the fifteenth worker.
Correct Answer:
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