The table shows the total product schedule at Paula's Ice Cream Parlor. Paula sells ice cream for $2 a serving. The value of marginal product of the second worker equals OA. $8 B. 6 servings OC. 26 servings OD. $12 Labor (workers) 0 1 2 3 4 Ice cream (servings per day) 0 20 26 30 32

The table shows the total product schedule at Paula's Ice Cream Parlor. Paula sells ice cream for $2 a serving. The value of marginal product of the second worker equals OA. $8 B. 6 servings OC. 26 servings OD. $12 Labor (workers) 0 1 2 3 4 Ice cream (servings per day) 0 20 26 30 32

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The table shows the total product schedule at Paula's Ice
Cream Parlor.
Paula sells ice cream for $2 a serving.
The value of marginal product of the second worker equals
O A. $8
OB. 6 servings
OC. 26 servings
OD. $12
C
%
e in
5
6
3
&
7
8
9
Labor
(workers)
01234
Ice cream
(servings per day)
0
20
26
30
32
Next
tac

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