Table 18-B
Consider the following daily production data for MadeFromScratch, Inc. MadeFromScratch sells cupcakes for $3 each and pays the workers a wage of $325 per day.
-Refer to Table 18-11. What is the value of the marginal product of the second worker?
A)$180
B)$360
C)$450
D)$720

Question

Table 18-B
Consider the following daily production data for MadeFromScratch, Inc. MadeFromScratch sells cupcakes for $3 each and pays the workers a wage of $325 per day. 
-Refer to Table 18-11. What is the value of the marginal product of the second worker?
A)$180 
B)$360 
C)$450 
D)$720

Quizplus · Accepted Answer

The marginal product of the second worker is the additional output produced by the second worker. To find the value of the marginal product, multiply the marginal product by the price of the output.

Table 18-B Consider the Following Daily Production Data for MadeFromScratch, Inc. MadeFromScratch