Total Product, Marginal Product, Average Product

-In the above table, the marginal product is greatest when the
A) first worker is hired.
B) second worker is hired.
C) third worker is hired.
D) fourth worker is hired.

Question

Total Product, Marginal Product, Average Product
 
-In the above table, the marginal product is greatest when the
A) first worker is hired. 
B) second worker is hired. 
C) third worker is hired. 
D) fourth worker is hired.

Quizplus · Accepted Answer

The marginal product is the additional output produced by hiring one more worker. It is greatest when the second worker is hired, as typically seen in production tables where the initial increase in workers leads to a significant rise in output.