The worker productivity of Cutie Cupcakes is presented in the following table.Use the table to answer the following questions:

-When Cutie Cupcakes hires its three hundredth worker,what is that worker's marginal product of labor?
A) 300 cupcakes
B) 200 cupcakes
C) 100 cupcakes
D) 2 cupcakes
E) 3 cupcakes

Question

The worker productivity of Cutie Cupcakes is presented in the following table.Use the table to answer the following questions:
 
-When Cutie Cupcakes hires its three hundredth worker,what is that worker's marginal product of labor?
A) 300 cupcakes 
B) 200 cupcakes 
C) 100 cupcakes 
D) 2 cupcakes 
E) 3 cupcakes

Quizplus · Accepted Answer

Marginal product of labor is the additional output produced by an additional unit of labor. When Cutie Cupcakes hires its 300th worker, the marginal product of labor is equal to the difference between the total product of 300 workers and the total product of 299 workers. From the table, the total product of 299 workers is 59850 cupcakes and the total product of 300 workers is 59852 cupcakes. Therefore, the marginal product of labor of the 300th worker is 2 cupcakes. Thus, the correct answer is D) 2 cupcakes.

The Worker Productivity of Cutie Cupcakes Is Presented in the Following