20. The following table shows the amount of output that can be produced depending on the...
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20. The following table shows the amount of output that can be produced depending on the number of workers hired. Currently, the firm has 8 workers. What is the marginal product of labor if the firm decides to hire 10 workers (Hint: what is the marginal product of labor going from 8 to 10)? Labor 2 4 6 8 10 a. 4 b. 3 c. 2 d. 6 e. 8 Output 4 10 18 24 28 20. The following table shows the amount of output that can be produced depending on the number of workers hired. Currently, the firm has 8 workers. What is the marginal product of labor if the firm decides to hire 10 workers (Hint: what is the marginal product of labor going from 8 to 10)? Labor 2 4 6 8 10 a. 4 b. 3 c. 2 d. 6 e. 8 Output 4 10 18 24 28
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