If it takes three workers to produce 20 bicycles and four workers to produce 27 bicycles, the marginal product of the fourth worker is seven bicycles.

Question

Quizplus · Accepted Answer

The marginal product of the fourth worker is the additional output produced when one more worker is added. With four workers, 27 bicycles are produced, and with three workers, 20 bicycles are produced. The difference is 27 - 20 = 7 bicycles, which is the marginal product of the fourth worker.

If It Takes Three Workers to Produce 20 Bicycles and Four