Figure 5.1:
-In Figure 5.1,the marginal physical product of the fourth unit of labor is:

Question

Figure 5.1: 
-In Figure 5.1,the marginal physical product of the fourth unit of labor is:

Quizplus · Accepted Answer

The marginal physical product (MPP) is the additional output produced by one more unit of input. It is calculated by subtracting the total output before the addition of the new unit of input from the total output after the addition. If the total output increases from 34 units (after the third unit of labor) to 40 units (after the fourth unit of labor), the MPP of the fourth unit of labor is 40 - 34 = 6.

Figure 5.1: -In Figure 5.1,the Marginal Physical Product of the Fourth Unit