Suppose a firm increases the quantity of labour employed from 5 to 6 workers,and as a result,the firm's total output increases from 100 units to 400 units.The marginal product of the sixth worker is
A)50 units.
B)100 units.
C)200 units.
D)300 units.
E)66.67 units.

Question

Quizplus · Accepted Answer

The marginal product of the sixth worker is the change in total output divided by the change in the number of workers: (400 - 100) / (6 - 5) = 300 units.

Suppose a Firm Increases the Quantity of Labour Employed from 5