Table 12-2

-Refer to Table 12-2.What is the marginal product of the third worker?
A) 250 units
B) 200 units
C) 150 units
D) 50 units

Question

Table 12-2
 
-Refer to Table 12-2.What is the marginal product of the third worker?
A) 250 units 
B) 200 units 
C) 150 units 
D) 50 units

Quizplus · Accepted Answer

The marginal product of the third worker can be calculated as the difference between the total product of three workers and the total product of two workers: 950 units (total product with three workers) - 800 units (total product with two workers) = 150 units. Therefore, the best choice is C.

Table 12-2 -Refer to Table 12-2.What Is the Marginal Product of the Marginal