Table 7.3
$$\begin{array} { c c }
\begin{array} { c }
\text { Number } \
\text { of Workers }
\end{array} & \begin{array} { c }
\text { Total } \
\text { Output }
\end{array} \
\hline 0 & 0 \
1 & 10 \
2 & 40 \
3 & 100 \
4 & 140 \
5 & 160 \
6 & 170 \
7 & 150
\end{array}$$
-Refer to Table 7.3,which the number of workers and total output produced in a firm.The marginal product of the third worker is _____
A)20.
B)100/3.
C)60.
D)50.
E)140.

Question

Table 7.3
 $$\begin{array} { c c } 
\begin{array} { c } 
\text { Number } \
\text { of Workers }
\end{array} & \begin{array} { c } 
\text { Total } \
\text { Output }
\end{array} \
\hline 0 & 0 \
1 & 10 \
2 & 40 \
3 & 100 \
4 & 140 \
5 & 160 \
6 & 170 \
7 & 150
\end{array}$$
-Refer to Table 7.3,which the number of workers and total output produced in a firm.The marginal product of the third worker is _____
A)20.
B)100/3.
C)60.
D)50.
E)140.

Quizplus · Accepted Answer

The marginal product of the third worker is calculated by subtracting the total output before they were hired from the total output after they were hired. For the third worker, the total output goes from 40 (with 2 workers) to 100 (with 3 workers), so the marginal product is 100 - 40 = 60.

Table 73 -Refer to Table 7