Use the following table to answer the following questions:

-What is the marginal product of the third worker?
A) 7 units
B) 8.33 units
C) 25 units
D) 75 units
E) 8 units

Question

Use the following table to answer the following questions:
 
-What is the marginal product of the third worker?
A) 7 units 
B) 8.33 units 
C) 25 units 
D) 75 units 
E) 8 units

Quizplus · Accepted Answer

The marginal product of the third worker is the additional output produced by the third worker. If the total output with two workers is 42 units and with three workers it is 49 units, the marginal product of the third worker is 49 - 42 = 7 units.

Use the Following Table to Answer the Following Questions