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avanturin [10]
4 years ago
6

Answer the next question(s) on the basis of the following information for Manfred's Shoe Shine Parlor. Assume Manfred hires labo

r, its only variable input, under purely competitive conditions. Shoe shines are also sold competitively. Refer to the above data. What is the marginal product of the sixth worker

Business
1 answer:
olya-2409 [2.1K]4 years ago
3 0

Answer:

3 units

Explanation:

Each unit sells at $3. We can calculate this by dividing $90 by 30 units = $3 per unit.

Since the total revenue with the sixth worker is $126, the total output = $126 / $3 = 42 units

Marginal product of the sixth worker = total output with six workers - total output with five workers = 42 - 39 = 3

Marginal product refers to the change in total output resulting from an increase in the number of inputs (workers in this case).

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Answer: Sara must take a break and come back later.

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3 years ago
Often a commercial payer will implement changes to claims completion requirements throughout the year, and most providers discov
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The correct statement is when claims are denied.

<h3>What is the commercial paper? What is the duration of the commercial paper?</h3>

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6 0
2 years ago
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I hope my answer helps you

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