If the value of the marginal product of a worker is $20 and the market price of the good she produces is $5,her marginal product is ________.

Name: If the value of the marginal product of a worker is $20 and the market price of the good she produces is $5,her marginal product is ________.
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Quizplus · Accepted Answer

The marginal product of a worker is calculated by dividing the value of the marginal product by the market price of the good. Therefore, $20 / $5 = 4 units.

If the Value of the Marginal Product of a Worker