Multiple Choice
Suppose when a car wash has 2 washing stations and 5 workers and is able to wash 100 cars per day. When it adds a third station, but no more workers, it is able to wash 150 cars per day. The marginal product of the third washing station is:
A) 100 cars per day.
B) 150 cars per day.
C) 5 cars per day.
D) 50 cars per day.
Correct Answer:
Verified
Correct Answer:
Verified
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