Answered: A hair salon with one, two, three, or…

A hair salon with one, two, three, or four employees can serve 20, 35, 47, or 56 customers, respectively. The marginal product of the third worker is:

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter26: Earnings, Productivity, And The Job Market

Section: Chapter Questions

Problem 3CQ

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PQ 13.05
A hair salon with one, two, three, or four employees can serve 20, 35, 47, or 56 customers, respectively. The marginal product of
the third worker is:

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