Question: Isaac started an iPhone screen replacement business. He charges $10for each screen his shop replaces. Isaac currently employs5workers and the shop replaces47screens per day. Business
Isaac started an iPhone screen replacement business. He charges $10for each screen his shop replaces. Isaac currently employs5workers and the shop replaces47screens per day. Business is good, so he is considering hiring another worker. If he did, the total number of screens his shop can replace each day would be54. What is the value of the marginal product of labor for the6th worker?
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