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Category > Economics Posted 03 May 2017 My Price 4.00

marginal product

 I don't understand this question : beth pays all her workers the same wage and labor is her only variable cost. From this information we can conclude that Beth's marginal costs ? declines as output increases from 0 to 33, but increases after that.

worker 1 2 3 4 5 6 7

marginal product

5 7 10 11 8 6 4 respectfully

????

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SuperTutor
(15)
Status NEW Posted 03 May 2017 12:05 AM My Price 4.00

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