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1 March, 09:07

The menu at Joe 's coffee shop consists of a variety of coffee drinks, pastries, and sandwiches. The marginal product of an additional worker can be defined as the number of customers that can be served by that worker in a given time period. Joe has been employing one worker, but is considering hiring a second and a third. Explain why the marginal product of the second and third workers might be higher than the first. The marginal product of the

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  1. 1 March, 10:41
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    The marginal product of the second and third workers might be increasing because workers can take advantage of existing machinery which would cause output to increase at an alarming rate.
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