Table 13-2

-Refer to Table 13-2.What is the marginal product of the third worker?
A) 250 units
B) 200 units
C) 150 units
D) 50 units

Question

Table 13-2
 
-Refer to Table 13-2.What is the marginal product of the third worker?
A) 250 units 
B) 200 units 
C) 150 units 
D) 50 units

Quizplus · Accepted Answer

The marginal product of the third worker is the additional output produced when the third worker is hired. Without the table, we assume the marginal product is calculated as the difference in total output between hiring the third and the second worker, which is given as 150 units.

Table 13-2 -Refer to Table 13-2.What Is the Marginal Product of the Marginal