5. Given the data below on labor and output in the short run: L Q 1 10 2 18 3 24 The marginal product of the second worker is: 单项选择题
A
10
B
18
C
24
D
8
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类似问题
For a firm hiring labor in a perfectly competitive labor market, the marginal revenue product curve slopes downward after some point because as more of a factor is employed, which of the following declines?
Part 1Stan's Studio hires workers to take photo portraits.The market for photo portraits is perfectly competitive, and the price is $1010 a portrait. The labor market is competitive, and the wage rate is $120120 a day.The table shows part of the workers' total product schedule.Calculate the marginal product of hiring the fourth worker and the value of marginal product of the fourth worker. Part 1The marginal product of hiring the fourth worker is [input]enter your response here portraits a day. Part 1[table] Workers | Portraits per day 3 | 2525 4 | 4040 5 | 5252 6 | 6161 7 | 6767 [/table]
Assume that a firm hires an additional employee. If the marginal product for that employee is greater than for the previous employee hired, it must be that
The marginal physical product of the second worker is
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