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10 February, 16:05

Bonita's Braidworks hires workers to braid hair. The store sells the service for $25 per customer. The marginal revenue product of this store's fifth worker is $50. The marginal product of the fifth worker isA) 0.5 braided customers. B) 2 braided customers. C) 25 braided customers. D) indeterminate from this information.

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  1. 10 February, 18:21
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    2 Braided Customers

    Explanation:

    Given:

    Services Rate per customer = 25 $

    Marginal Revenue Product = 50 $

    Marginal Product = (Marginal Revenue Product / Service rate per customer)

    Marginal Product = 50 / 25

    Marginal Product = 2 Braided Customers
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