Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

at Punjab Bakery, 2 workers can decorate 14 cake in an hour and 3 workers can decorate 18 cakes in an hour. The marginal product of the third worker...

at Punjab Bakery, 2 workers can decorate 14 cake in an hour and 3 workers can decorate 18 cakes in an hour. The marginal product of the third worker isa. 32 cakes and the average product for 3 workers is 9 cakesb. 4 cakes and the average product for 3 workers is 6 cakesc. 18 cakes and the average product for 3 workers is 6 cakesd. 6 cakes and the average product for 3 workers is 6 cakese. 9 cakes and is equal to the average product

Soln is B. as marginal cakes is difference in cakes (18-14 =4 ) and average cakes = 18/3 = 6
Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question