Suppose two froyo machines and 12 workers produce eight quarts of frozen yogurt.If the marginal product of the thirteenth worker is two quarts,then which of the following is true?
A)Thirteen workers produce ten quarts of frozen yogurt.
B)Thirteen workers produce two quarts of frozen yogurt.
C)The thirteenth worker alone produces ten quarts of frozen yogurt.
D)Thirteen workers produce six quarts of frozen yogurt.
E)The diminishing marginal returns begin with the thirteenth worker.

Question

Quizplus · Accepted Answer

The marginal product of the thirteenth worker is two quarts, meaning when the thirteenth worker is added to the existing twelve workers, the total production increases by two quarts. Since the initial production with twelve workers was eight quarts, adding the two quarts produced by the thirteenth worker results in a total of ten quarts.

Suppose Two Froyo Machines and 12 Workers Produce Eight Quarts