Suppose when a car wash has 2 washing stations and 5 workers and is able to wash 100 cars per day. When it adds a third station, but no more workers, it is able to wash 150 cars per day. The marginal product of the third washing station appears is:

Question

Quizplus · Accepted Answer

The marginal product of the third washing station is the additional number of cars washed per day when the third station is added, which is 150 - 100 = 50 cars per day.

Suppose When a Car Wash Has 2 Washing Stations and 5