Fill in the blanks in the table below and answer the next questions:

-In the above table, marginal product is negative when _____ units of labor are employed.
A) 5 units of labor are employed.
B) 6 units of labor are employed.
C) 7 units of labor are employed.
D) both b and C

Question

Fill in the blanks in the table below and answer the next   questions:

-In the above table, marginal product is negative when _____ units of labor are employed.
A) 5 units of labor are employed. 
B) 6 units of labor are employed. 
C) 7 units of labor are employed. 
D) both b and C

Quizplus · Accepted Answer

Marginal product is negative when the total product starts to decrease with the addition of an additional unit of labor. Looking at the table, the total product starts to decline at 6 units of labor and continues to decline with the addition of the 7th unit of labor. Therefore, both options B and C are correct.

Fill in the Blanks in the Table Below and Answer