Table 13-1

$$\begin{array} { | c | c | c | }
\hline \begin{array} { c }
\text { Labor } \
\text { (Number of W orkers) }
\end{array} & \begin{array} { c }
\text { Output } \
\text { (Units) }
\end{array} & \begin{array} { c }
\text { Marginal Product } \
\text { (Units) }
\end{array} \
\hline 0 & 0 & - \
\hline 1 & & 30 \
\hline 2 & & 45 \
\hline 3 & & 60 \
\hline 4 & & 50 \
\hline 5 & & 40 \
\hline
\end{array}$$
-Refer to Table 13-1. What is total output when 1 worker is hired?
A)10
B)30
C)45
D)75

Question

Table 13-1
​
​
 $$\begin{array} { | c | c | c | } 
\hline \begin{array} { c } 
\text { Labor } \
\text { (Number of W orkers) }
\end{array} & \begin{array} { c } 
\text { Output } \
\text { (Units) }
\end{array} & \begin{array} { c } 
\text { Marginal Product } \
\text { (Units) }
\end{array} \
\hline 0 & 0 & - \
\hline 1 & & 30 \
\hline 2 & & 45 \
\hline 3 & & 60 \
\hline 4 & & 50 \
\hline 5 & & 40 \
\hline
\end{array}$$ ​
-Refer to Table 13-1. What is total output when 1 worker is hired?
A)10
B)30
C)45
D)75

Quizplus · Accepted Answer

The total output when 1 worker is hired is 30 units, as indicated by the marginal product of the first worker being 30 units. Marginal product refers to the additional output produced by adding one more worker, and since there were no workers initially, the first worker's output is entirely their marginal product.

Table 13-1 ​ ​ ​ -Refer to Table 13-1

Table 13-1

-Refer to Table 13-1