Assume the total product of two workers is 160 and the total product of three workers is 180. The three worker's average product is ________ while the third worker's marginal product is ________.
A) 20; 60
B) 60; 20
C) 20; 26.67
D) 320; 540

Question

Quizplus · Accepted Answer

The average product for three workers is the total product divided by the number of workers, which is 180/3 = 60. The marginal product of the third worker is the change in total product when the third worker is added, which is 180 - 160 = 20.

Assume the Total Product of Two Workers Is 160 and the Total