-Kenya owns a lawn-mowing company. His total product schedule is in the above table. The marginal product of the fourth worker is ________ lawns mowed per week.

Question

Quizplus · Accepted Answer

The marginal product of labor is the additional output produced by an additional unit of labor. To find the marginal product of the fourth worker, subtract the total product of the third worker from the total product of the fourth worker. If the total product of the third worker is, for example, 315 lawns, and the total product of the fourth worker is 320 lawns, then the marginal product of the fourth worker is 320 - 315 = 5 lawns mowed per week.

-Kenya Owns a Lawn-Mowing Company