Refer to Table 21.3 below: Table 21.3
$$\begin{array} { | c | r | r | }
\hline \text { Units of Lubor } & \text { Units of Output } & \text { MPP } \
\hline 0 &0& \
\hline 1 & &30 \
\hline 2 & 66& \
\hline 3 &&30 \
\hline 4 & 116 \
\hline
\end{array}$$
How many units of output can be produced when three units of labor are employed in Table 21.3?
A)30.
B)31.
C)66.
D)96.

Question

Refer to Table 21.3 below: Table 21.3
$$\begin{array} { | c | r | r | } 
\hline \text { Units of Lubor } & \text { Units of Output } & \text { MPP } \
\hline 0 &0& \
\hline 1 & &30 \
\hline 2 & 66& \
\hline 3 &&30 \
\hline 4 & 116 \
\hline
\end{array}$$
 How many units of output can be produced when three units of labor are employed in Table 21.3?
A)30.
B)31.
C)66.
D)96.

Quizplus · Accepted Answer

The Marginal Physical Product (MPP) of labor is the additional output produced by an additional unit of labor. Given that the MPP when going from 2 to 3 units of labor is 30, and the total output at 2 units of labor is 66, adding the MPP of 30 to the total output at 2 units of labor gives us 96 units of output at 3 units of labor.

Refer to Table 21 How Many Units of Output Can Be Produced When Three