Suppose Two Workers Can Harvest $46 Worth of Apples Per

question 57

Multiple Choice

Suppose two workers can harvest $46 worth of apples per day and three workers can harvest $60 worth. On the basis of this information, we can say that the

• A) marginal product of each of the first two workers is 23.
• B) marginal revenue product of each of the first two workers is $23.
• C) marginal revenue product of the third worker is $14.
• D) third worker should not be hired.

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Definitions:

United States

A country in North America consisting of 50 states and a federal district, known for its diverse geography and multicultural population.

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A neurological disorder that appears in infancy or early childhood and permanently affects body movement and muscle coordination.

Settling-point

A concept in weight regulation theory suggesting that body weight is maintained at a stable level where the factors that increase body weight balance those that decrease it.