Solved

(Table) the Table Provides Short-Run Total Product Data for John's

Question 114

Multiple Choice

(Table) The table provides short-run total product data for John's Salsa Company. What is the marginal product of the third employee?
 Labor  Total  Product 19220333440\begin{array}{|c|c|}\hline \text { Labor } & \begin{array}{c}\text { Total } \\\text { Product }\end{array} \\\hline 1 & 9 \\\hline 2 & 20 \\\hline 3 & 33 \\\hline 4 & 40 \\\hline\end{array}


A) 10
B) 33
C) 11
D) 13

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents