-The above table shows the short-run production function for Albert's Pretzels. The marginal product of labor for the third worker is
A)6.
B)8.
C)24.
D)not known from the information provided.

Question

-The above table shows the short-run production function for Albert's Pretzels. The marginal product of labor for the third worker is
A)6. 
B)8. 
C)24. 
D)not known from the information provided.

Quizplus · Accepted Answer

The marginal product of labor is the additional output produced by adding one more worker. For the third worker, it is the difference in output between having two workers and three workers, which is 24 - 18 = 6.

-The Above Table Shows the Short-Run Production Function for Albert's