Solved: The firm is able to produce 176 units of output per day, Basic Computer Science

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The firm is able to produce 176 units of output per day

Suppose a certain firm is able to produce 160 units of output per day when 15 workers are hired. The firm is able to produce 176 units of output per day when 16 workers are hired (holding other inputs fixed). What is the marginal product of the 16th worker?

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Basic Computer Science: The firm is able to produce 176 units of output per day

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