Pams pretzels has a production function shown in the


Question: Pam's Pretzels has a production function shown in the following table. It costs Pam's Pretzels $80 per day per worker. Each pretzel sells for $3.

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a. Compute the marginal product and the value of the marginal product that each worker creates.

b. How many workers should Pam's Pretzels hire?

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