Table 13-6
Wooden Chair Factory
-Refer to Table 13-6. Assume the Wooden Chair Factory currently employs 2 workers. What is the marginal product of labor when the factory adds a 3rd worker?
A)5 chairs per hour
B)10 chairs per hour
C)20 chairs per hour
D)25 chairs per hour

Question

Table 13-6
Wooden Chair Factory 
-Refer to Table 13-6. Assume the Wooden Chair Factory currently employs 2 workers. What is the marginal product of labor when the factory adds a 3rd worker?
A)5 chairs per hour 
B)10 chairs per hour 
C)20 chairs per hour 
D)25 chairs per hour

Quizplus · Accepted Answer

The marginal product of labor is the additional output produced by an additional worker. When the factory adds a 3rd worker, the output increases from 40 chairs per hour to 50 chairs per hour, meaning the 3rd worker produced 10 chairs per hour. Therefore, the answer is B.

Table 13-6 Wooden Chair Factory