Examlex

Solved

The Relationship Between Labor Usage and Output at the Local

question 66

Multiple Choice

The relationship between labor usage and output at the local coffee shop is summarized in the table below.The price of a cup of espresso is $1.25 and no other inputs are required.  Labor  Input  Cups of  espresso 0 0 125245360470575\begin{array}{cc}\begin{array}{c}\text { Labor } \\ \underline {\text { Input }}\end{array} & \begin{array}{c}\text { Cups of } \\ \underline {\text { espresso }}\end{array} \\ 0 & \text { 0 } \\1 & 25 \\2 & 45 \\3 & 60 \\4 & 70 \\5 & 75\end{array}
The benefit to the coffee shop of hiring the fifth worker is


Definitions:

Related Questions