Table 2.3
-Refer to Table 2.3.The marginal product of the 3rd worker is
A) 100 units of output.
B) 80 units of output.
C) 60 units of output.
D) 40 units of output.

Question

Table 2.3
-Refer to Table 2.3.The marginal product of the 3rd worker is
A) 100 units of output. 
B) 80 units of output. 
C) 60 units of output. 
D) 40 units of output.

Quizplus · Accepted Answer

The marginal product of the 3rd worker is calculated by subtracting the total output of the 2nd worker from the total output of the 3rd worker. If the total output increases by 60 units when the 3rd worker is added, then the marginal product of the 3rd worker is 60 units of output.

Table 2.3 -Refer to Table 2.3.The Marginal Product of the 3rd Worker