-Refer to Table 2.4. The marginal product of the 2nd tank of fertilizer is:
A) 20 truckloads of fruit.
B) 10 truckloads of fruit.
C) 5 truckloads of fruit.
D) 41.5 truckloads of fruit.

Question

-Refer to Table 2.4. The marginal product of the 2nd tank of fertilizer is:
A) 20 truckloads of fruit. 
B) 10 truckloads of fruit. 
C) 5 truckloads of fruit. 
D) 41.5 truckloads of fruit.

Quizplus · Accepted Answer

The marginal product is the additional output produced by using one more unit of input. If the 2nd tank of fertilizer increases output by 20 truckloads of fruit, then the marginal product is 20 truckloads.