Table 2.3
-Refer to Table 2.3.The marginal product of the 2nd worker is
A) 100 units of output.
B) 80 units of output.
C) 60 units of output.
D) 40 units of output.

Question

Table 2.3
-Refer to Table 2.3.The marginal product of the 2nd worker is
A) 100 units of output. 
B) 80 units of output. 
C) 60 units of output. 
D) 40 units of output.

Quizplus · Accepted Answer

Marginal product is the additional output generated by adding one more unit of input. So, the marginal product of the 2nd worker is the difference between the total output produced by 2 workers and total output produced by 1 worker i.e. (240 – 160) = 80 units of output. Therefore, the correct answer is B, 80 units of output.

Table 2.3 -Refer to Table 2.3.The Marginal Product of the 2nd Worker