Assume the total product of two workers is 110 and the total product of three workers is 120. The three worker's average product is ________ while the third worker's marginal product is ________.
A) 40; 10
B) 40; 20
C) 50; 10
D) 120; 110

Question

Quizplus · Accepted Answer

The average product for 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 - 110 = 10.

Assume the Total Product of Two Workers Is 110 and the Total