Table 7-1

-In Table 7-1, the marginal physical product of labor after the addition of the fourth worker is
A)8.
B)7.
C)10.
D)5.

Question

Table 7-1  ​
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-In Table 7-1, the marginal physical product of labor after the addition of the fourth worker is
A)8. 
B)7. 
C)10. 
D)5.

Quizplus · Accepted Answer

The marginal physical product of labor is the additional output produced by adding one more worker. If the output increases by 8 units with the addition of the fourth worker, then the marginal physical product of labor for the fourth worker is 8.

Table 7-1 ​

Table 7-1