Which of the following quotes best illustrates the idea of marginal product?
A)"If I have 10 workers on my assembly line,I can produce 13 tables a day."
B)"If I add an 11th worker,I can produce 1 extra table a day."
C)"Each worker produces 2 tables a day."
D)"I find if I add an extra shift at night,table production only rises by 80 percent because I need more maintenance time on the assembly line."
E)"If I double workers and double the assembly line,I can make 120 percent more tables."

Question

Quizplus · Accepted Answer

Marginal product refers to the additional output produced by one additional unit of input, while keeping all other inputs constant. Choice B best illustrates this idea as it shows that adding one more worker (the additional input) results in an increase in output by one extra table (the additional output).

Which of the Following Quotes Best Illustrates the Idea of Marginal