Refer to Figure 7.1.What is the marginal product of the 25^th worker? A) 1.1 units of output B) 22 units of output C) 2 units of output D) 10 units of output

Question

Quizplus · Accepted Answer

The marginal product of the 25^th worker is 2 units of output. This can be calculated by subtracting the total product of 24 workers (48) from the total product of 25 workers (50). The marginal product is the additional output that a firm gets by adding one more unit of input. Therefore, adding the 25th worker increases output by 2 units.