Problem
A California asparagus farmer is maximizing profit. The price of asparagus is $2 a bunch, a farm worker's wage rate is $12 an hour, and the asparagus farm employs six workers. What is the marginal product of the sixth farm worker? If, when the price of asparagus rises to $3 a bunch, the farm hires eight workers, what is the marginal product of the eighth worker?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.