-In the above table, when the firm employs 3 workers, the marginal product will be
A) 42 snowboards.
B) 30 snowboards.
C) 36.67 snowboards.
D) 208 snowboards.

Question

-In the above table, when the firm employs 3 workers, the marginal product will be
A) 42 snowboards. 
B) 30 snowboards. 
C) 36.67 snowboards. 
D) 208 snowboards.

Quizplus · Accepted Answer

The marginal product is the change in output divided by the change in input. In this case, the change in output is 42 snowboards (from 126 to 168) and the change in input is 1 worker (from 2 to 3). Therefore, the marginal product is 42 snowboards / 1 worker = 42 snowboards.

-In the Above Table, When the Firm Employs 3 Workers