Kate is a florist. Kate can arrange 20 bouquets per day. She is considering hiring her husband William to work for her. Together Kate and William can arrange 35 bouquets per day. What is William's marginal product?

Question

Quizplus · Accepted Answer

To calculate William's marginal product, we need to find out how many extra bouquets he is able to produce when he starts working with Kate. 
Marginal Product = Total Product with William - Total Product with only Kate 
Marginal Product = 35 - 20 
Marginal Product = 15 bouquets 
Therefore, William's marginal product is 15 bouquets. The best choice is D.

Kate Is a Florist