The first, second, and third workers employed by a firm add 24, 18, and 9 units to total product respectively. Therefore, the: Group of answer choices marginal product of the third worker is 9. total product of the three workers is 54. average product of the three workers is 18. marginal product of the first worker is 18.

marginal product of the third worker is 9.

Explanation:

Marginal product is the change in total product of labour as a result of increase labour by one unit

Marginal product = change in total product / change in labour

marginal product of third worker = (18 - 9) / (3 - 2) = 9

Total product is the sum of each individual total product = 24 + 18 + 9 = 51

Average product = total product /3 = 51 / 3 = 17

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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