Workers cost $10.20 a worker, 20 workers produce 204 units of output, 21 workers

Question

Workers cost $10.20 a worker, 20 workers produce 204 units of output, 21 workers produce 246 units of output, 22 workers produce 290 units of output. Explain what is happening to both marginal productivity of each additional worker and the marginal cost of each additional unit of output A) Marginal productivity and marginal cost are both increasing B) Marginal productivity is rising and marginal cost is declining C) Marginal productivity is falling and marginal cost is rising D) Marginal productivity and marginal cost are both declining E) None of the above

Explanation / Answer

the answer is B as the marginal productivity of each worker is increasing as the number of units per worker is increasing and the marginal cost of each product is decreasing as the cost per unit is decreasing as the number of workers are increasing!!!!

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