Suppose a 1-unit increase in labour,from 2 to 3 workers,increases output from 10 to 15 tea cups.The marginal product from the increase in the quantity of labour is

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Quizplus · Accepted Answer

The marginal product of labor is the additional output produced by adding one more unit of labor. Here, increasing labor from 2 to 3 workers increases output from 10 to 15 tea cups, so the marginal product is 15 - 10 = 5 tea cups.

Suppose a 1-Unit Increase in Labour,from 2 to 3 Workers,increases