-Refer to the above table. What does the marginal product equal when the quantity of labor goes from 3 to 4?
A) 9
B) 18
C) 72
D) 216

Name: -Refer to the above table. What does the marginal product equal when the quantity of labor goes from 3 to 4? A) 9 B) 18 C) 72 D) 216
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

-Refer to the above table. What does the marginal product equal when the quantity of labor goes from 3 to 4?
A) 9 
B) 18 
C) 72 
D) 216

Quizplus · Accepted Answer

The marginal product is the change in output resulting from a one-unit change in the input (in this case, labor). Going from 3 to 4 workers, if the output increases by 9 units, then the marginal product is 9.

-Refer to the Above Table