Question 13 Unsaved
Jeff owns a small business installing home security systems priced at $1,000 each. By himself, he can install four systems per month. If he hires an assistant, a total of ten systems can be installed. If he hires two assistants, a total of fifteen systems can be installed. Assuming that the price stays the same, what is the marginal revenue product of the first assistant; and the marginal revenue product of the second assistant?
Question 13 options:
a)
$6,000; $11,000
b)
$10,000; $11,000
c)
$6,000; $5,000
d)
$10,000; $15,000
Answers (1)
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