Assume the total product of two workers is 200 and the total product of three workers is 300. The three workers' average product is ________ while the third worker's marginal product is ________.
A) 80; 40
B) 40; 80
C) 100; 100
D) 300; 200

Question

Quizplus · Accepted Answer

The average product for three workers is the total product divided by the number of workers, which is 300/3 = 100. The marginal product of the third worker is the change in total product when the third worker is added, which is 300 - 200 = 100.

Assume the Total Product of Two Workers Is 200 and the Total