When a Cherry Orchard in Oregon Adds a Worker,the Total

question 225

Multiple Choice

When a cherry orchard in Oregon adds a worker,the total cost of production increases by $24,000.Adding the worker increases total cherry output by 600 pounds.Therefore,the marginal cost of the last pound of cherries produced is:

• A)$40.
• B)$19.
• C)$4,000.
• D)$24,000.

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Nations with a lower living standard, undeveloped industrial base, and low Human Development Index relative to other countries.