Table 2.4
-Refer to Table 2.4.The marginal product of the 3rd tank of fertilizer is
A) 29.33 truckloads of fruit.
B) 20 truckloads of fruit.
C) 5 truckloads of fruit.
D) 1.67 truckloads of fruit.

Question

Table 2.4
-Refer to Table 2.4.The marginal product of the 3rd tank of fertilizer is
A) 29.33 truckloads of fruit. 
B) 20 truckloads of fruit. 
C) 5 truckloads of fruit. 
D) 1.67 truckloads of fruit.

Quizplus · Accepted Answer

The marginal product of the 3rd tank of fertilizer is calculated by subtracting the total product after 2 tanks from the total product after 3 tanks. This difference represents the additional output generated by the 3rd tank.

Table 2.4 -Refer to Table 2.4.The Marginal Product of the 3rd Tank