Table 12.1
-Refer to Table 12.1.What is the marginal product of the fourth unit of labour?
A)300.
B)75.
C)60.
D)15.

Name: Table 12.1 -Refer to Table 12.1.What is the marginal product of the fourth unit of labour? A)300. B)75. C)60. D)15.
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Question

Table 12.1 
-Refer to Table 12.1.What is the marginal product of the fourth unit of labour?
A)300. 
B)75. 
C)60. 
D)15.

Quizplus · Accepted Answer

The marginal product of the fourth unit of labor is calculated by subtracting the total product of the third unit of labor from the total product of the fourth unit of labor.

Table 12.1 -Refer to Table 12.1.What Is the Marginal Product of the Product