Table 18-B
Consider the following daily production data for MadeFromScratch, Inc. MadeFromScratch sells cupcakes for $3 each and pays the workers a wage of $325 per day.
-Refer to Table 18-11. What is the fifth worker's marginal product of labor?
A)120 cupcakes
B)140 cupcakes
C)160 cupcakes
D)180 cupcakes

Question

Table 18-B
Consider the following daily production data for MadeFromScratch, Inc. MadeFromScratch sells cupcakes for $3 each and pays the workers a wage of $325 per day. 
-Refer to Table 18-11. What is the fifth worker's marginal product of labor?
A)120 cupcakes 
B)140 cupcakes 
C)160 cupcakes 
D)180 cupcakes

Quizplus · Accepted Answer

The fifth worker's marginal product of labor is 120 cupcakes, which is the difference between the total output with the fifth worker (1000 cupcakes) and the total output without the fifth worker (880 cupcakes).

Table 18-B Consider the Following Daily Production Data for MadeFromScratch, Inc. MadeFromScratch