Asked by Mourier Macha on May 18, 2024
Verified
Eldin is a house painter. He can paint three houses per week. He is considering hiring his friend Murphy. Murphy can paint five houses per week. What is the maximum total output possible if Eldin hires Murphy?
A) 2 houses
B) 3 houses
C) 5 houses
D) 8 houses
Maximum Total Output
The highest quantity of production that a company can achieve with its current resources and technology.
House Painter
A professional tradesperson responsible for painting and decorating buildings, ensuring protection and enhancing aesthetic appeal.
Houses
Structures used as living quarters for one or more persons, typically families.
- Familiarize oneself with the concept of the marginal product of labor and its linkage to the production function.
Verified Answer
MA
Mariana AvalosMay 19, 2024
Final Answer :
D
Explanation :
Together, Eldin and Murphy can paint a total of 3 (Eldin) + 5 (Murphy) = 8 houses per week.
Learning Objectives
- Familiarize oneself with the concept of the marginal product of labor and its linkage to the production function.