If 11 workers can produce 53 units of output while 12 workers can produce 56 units of output, what is the marginal product of the 12th worker?
A)0.16
B)3
C)4.67
D)36

Question

Quizplus · Accepted Answer

The marginal product of the 12th worker is the additional output produced when the 12th worker is added. It is calculated as the difference in output between 12 workers and 11 workers, which is 56 - 53 = 3 units.

If 11 Workers Can Produce 53 Units of Output While