Table 10.1
$$\begin{array} { | c | c | }
\hline \begin{array} { c }
\text { Quantity of } \
\text { labour }
\end{array} & \text { Output (units) } \
\hline 1 & 80 \
\hline 2 & 170 \
\hline 3 & 240 \
\hline 4 & 300 \
\hline 5 & 350 \
\hline 6 & 390 \
\hline 7 & 420 \
\hline
\end{array}$$
-Refer to Table 10.1.What is the marginal product of the fourth unit of labour?

Question

Table 10.1
 $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Quantity of } \
\text { labour }
\end{array} & \text { Output (units) } \
\hline 1 & 80 \
\hline 2 & 170 \
\hline 3 & 240 \
\hline 4 & 300 \
\hline 5 & 350 \
\hline 6 & 390 \
\hline 7 & 420 \
\hline
\end{array}$$
-Refer to Table 10.1.What is the marginal product of the fourth unit of labour?

Quizplus · Accepted Answer

The marginal product of the fourth unit of labour is the additional output produced when the fourth unit of labour is added. It is calculated as the difference in output between the fourth and third units of labour: 300 - 240 = 60.

Table 101 -Refer to Table 10