Table 11.2.1

-Refer to Table 11.2.1 which gives Tania's total product schedule. The marginal product when the number of workers increases from 1 to 2 is
A)3 teapots.
B)12 teapots.
C)7 teapots.
D)9 teapots.
E)6 teapots.

Question

Table 11.2.1
 
-Refer to Table 11.2.1 which gives Tania's total product schedule. The marginal product when the number of workers increases from 1 to 2 is
A)3 teapots. 
B)12 teapots. 
C)7 teapots. 
D)9 teapots. 
E)6 teapots.

Quizplus · Accepted Answer

Marginal product is the additional output produced by adding one more unit of input. In this case, the input is the number of workers. According to Table 11.2.1, when the number of workers increases from 1 to 2, the total product increases from 3 to 12. Therefore, the marginal product when the number of workers increases from 1 to 2 is 12 - 3 = 9 teapots. The correct answer is D).

Table 11.2.1 -Refer to Table 11.2.1 Which Gives Tania's Total Product Schedule