Asked by
Halit Terci
on Nov 04, 2024Verified
When Burger Barn hires one worker, 10 customers can be served in an hour. When Burger Barn hires two workers, 25 customers can be served in an hour. The marginal product of the second worker is ________ customers served per hour.
A) 15
B) 30
C) 40
D) 67.5
Marginal Product
The extra output generated from increasing a particular input by one unit, while all other inputs remain unchanged.
Customers Served
The number of consumers who purchase or are provided with a product or service by a business within a specific period.
- Ascertain and define the average yield and fringe benefits of workforce productivity.
Verified Answer
KG
Learning Objectives
- Ascertain and define the average yield and fringe benefits of workforce productivity.