Table 7-1

-In Table 7-1, the marginal physical product of labor from the addition of the second worker is
A)12.
B)7.
C)17.
D)5.

Question

Table 7-1  ​
​
​
-In Table 7-1, the marginal physical product of labor from the addition of the second worker is ​
A)12. 
B)7. 
C)17. 
D)5.

Quizplus · Accepted Answer

The marginal physical product of labor is the additional output produced by adding one more unit of labor while holding all other inputs constant. In this case, the first worker produces 10 units of output, and the second worker produces 17 units of output. Therefore, the marginal physical product of labor from the addition of the second worker is 17 - 10 = 7 units. The correct answer is B.

Table 7-1 ​

Table 7-1