A farmer is growing corn on an acre of land.Output will be 200 bushels if one worker is hired,500 if two,700 if three,850 if four,and 900 if five.The marginal product of the fourth worker is _____ bushels of corn.
A)850
B)150
C)212.5
D)50

Question

Quizplus · Accepted Answer

The marginal product of the fourth worker is the additional output produced by the fourth worker, calculated as the difference in output when the fourth worker is hired compared to when only three workers were hired. This is 850 bushels (with four workers) minus 700 bushels (with three workers), which equals 150 bushels.

A Farmer Is Growing Corn on an Acre of Land