Gino's Pizza shop hires workers in a competitive market to make pizza. The ingredients required to make each pizza cost $5. Daily output at Gino's Pizza varies with the number of workers hired, as shown in the table:
$$\begin{array} { | c | c | }
\hline \text { Number di warkers } & \text { Pizfas/day } \
\hline 0 & 0 \
\hline 1 & 16 \
\hline 2 & 36 \
\hline 3 & 54 \
\hline 4 & 70 \
\hline 5 & 84 \
\hline 6 & 96 \
\hline
\end{array}$$
The marginal product of the 3rd worker is ________ pizzas per day.

Question

Gino's Pizza shop hires workers in a competitive market to make pizza. The ingredients required to make each pizza cost $5.  Daily output at Gino's Pizza varies with the number of workers hired, as shown in the table:  
$$\begin{array} { | c | c | } 
\hline \text { Number di warkers } & \text { Pizfas/day } \
\hline 0 & 0 \
\hline 1 & 16 \
\hline 2 & 36 \
\hline 3 & 54 \
\hline 4 & 70 \
\hline 5 & 84 \
\hline 6 & 96 \
\hline
\end{array}$$  
The marginal product of the 3rd worker is ________ pizzas per day.

Quizplus · Accepted Answer

The marginal product of the 3rd worker is calculated by subtracting the total output with 2 workers from the total output with 3 workers. From the table, with 2 workers, the output is 36 pizzas, and with 3 workers, it is 54 pizzas. Therefore, the marginal product of the 3rd worker is 54 - 36 = 18 pizzas per day.

Gino's Pizza Shop Hires Workers in a Competitive Market to Make