Table 18-9
The following table shows the production function for a particular business. The numbers represent the various labor and output combinations the firm may choose for its output on a daily basis.
-Refer to Table 18-9. What is the marginal product of the fifth unit of labor?
A)30 units
B)40 units
C)50 units
D)250 units

Question

Table 18-9
The following table shows the production function for a particular business. The numbers represent the various labor and output combinations the firm may choose for its output on a daily basis. 
-Refer to Table 18-9. What is the marginal product of the fifth unit of labor?
A)30 units 
B)40 units 
C)50 units 
D)250 units

Quizplus · Accepted Answer

The marginal product of labor is the additional output produced by adding one more unit of labor. If the fifth unit of labor increases output by 30 units, then the marginal product is 30 units.

Table 18-9 The Following Table Shows the Production Function for a Particular