Figure 18-2
The figure below shows the production function for a particular firm.
-Refer to Figure 18-2. The marginal product of the third worker is
A)20 units.
B)30 units.
C)40 units.
D)70 units.

Question

Figure 18-2
The figure below shows the production function for a particular firm. 
-Refer to Figure 18-2. The marginal product of the third worker is
A)20 units. 
B)30 units. 
C)40 units. 
D)70 units.

Quizplus · Accepted Answer

The marginal product of the third worker is the difference between the total product with three workers and the total product with two workers. From the table, we can see that the total product with three workers is 70 units and the total product with two workers is 30 units. Therefore, the marginal product of the third worker is 70 - 30 = 40 units.

Figure 18-2 The Figure Below Shows the Production Function for a Particular