A firm can produce 840 gallons of paint per day with 6 workers or 910 gallons per day with 7 workers. The marginal product of labor over this range of output, stated in gallons per worker per day, is _____ gallons of paint.
A) 140
B) 135
C) 130
D) 70
E) 80
Correct Answer:
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Q44: The table below shows the number of
Q45: The table below shows how a factory's
Q46: Fixed costs are costs:
A)that do not vary
Q47: The short run is:
A)a period in which
Q48: The figure below shows how the quantity
Q50: The figure below shows how the quantity
Q51: The marginal product of capital:
A)is equal to
Q52: Which of the following is most likely
Q53: The table below shows the total number
Q54: Which of the following would be considered
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