Assume the total product of two workers is 100 and the total product of three workers is 120. The average product of three workers is ________, and the marginal product of the third worker is ________.
A) 40; 20
B) 20; 100
C) 13.33; 6.67
D) 120; 100

Question

Quizplus · Accepted Answer

The average product of three workers is the total product divided by the number of workers, which is 120/3 = 40. The marginal product of the third worker is the increase in total product from adding the third worker, which is 120 - 100 = 20.

Assume the Total Product of Two Workers Is 100 and the Total