Table 13-2

-Refer to Table 13-2.The marginal product of the fourth worker is

Name: Table 13-2 -Refer to Table 13-2.The marginal product of the fourth worker is
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Question

Table 13-2
 
-Refer to Table 13-2.The marginal product of the fourth worker is

Quizplus · Accepted Answer

The marginal product of the fourth worker is the additional output produced when the fourth worker is hired. If the total output with three workers is X and with four workers is Y, then the marginal product is Y - X.

Table 13-2 -Refer to Table 13-2.The Marginal Product of the Fourth Worker