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-B. What is the second worker's marginal product of labor?
A)350 cupcakes
B)150 cupcakes
C)125 cupcakes
D)100 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-B. What is the second worker's marginal product of labor?
A)350 cupcakes 
B)150 cupcakes 
C)125 cupcakes 
D)100 cupcakes

Quizplus · Accepted Answer

The marginal product of labor is the additional output produced by adding one more worker. If the first worker produces 200 cupcakes and the second worker increases total production to 350 cupcakes, the second worker's marginal product is 350 - 200 = 150 cupcakes.

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