If the marginal product of a worker is 10 units and each unit of the good is sold for $5,the value of the marginal product of the worker is ________.

Question

Quizplus · Accepted Answer

The value of the marginal product of the worker is equal to the marginal product of the worker multiplied by the price of the good. In this case, the marginal product of the worker is 10 units and the price of the good is $5 per unit, so the value of the marginal product of the worker is 10 x $5 = $50. Therefore, the correct choice is D, $50.

If the Marginal Product of a Worker Is 10 Units