Table 2.3
-Refer to Table 2.3.The marginal product of the 1st 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 1st 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 first worker is calculated by subtracting the total output without any workers from the total output with one worker. Since there are no details provided in the question about the initial output without any workers, it's assumed to be zero. Therefore, the marginal product of the first worker is the total output produced by that worker, which is 100 units of output.

Table 2.3 -Refer to Table 2.3.The Marginal Product of the 1st Worker