If one worker can pick $30 worth of grapes and two workers together can pick $50 worth of grapes, the: marginal revenue product of each worker is $25. marginal revenue product of the first worker is $20. data given do not permit the determination of the marginal revenue product of either worker. marginal revenue product of the second worker is $20.

Respuesta :

Marginal revenue product of the second worker is $20.

If one worker can pick $30 worth of grapes and two workers together can pick $50 worth of grapes, the marginal revenue product of the second worker is $20.

What is marginal revenue product?

Marginal revenue product (MRP) is the marginal revenue created by using one additional unit of resource. MRP is used to make critical decisions on business production and determine the optimal level of a resource. The MRP assumes that the expenditures on other factors remain unchanged. Marginal revenue product (MRP) is the marginal revenue created by using one additional unit of resource. MRP is used to make critical decisions on business production and determine the optimal level of a resource. The MRP assumes that the expenditures on other factors remain unchanged.

Therefore, last option is the correct answer.

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