Use the following for questions 44-50.

-(Exhibit: Total Product and Marginal Product) The marginal product of the second worker is:
A) 1.0.
B) 1.5.
C) 2.0.
D) 3.0.

Question

Use the following for questions 44-50.
 
-(Exhibit: Total Product and Marginal Product) The marginal product of the second worker is:
A) 1.0. 
B) 1.5. 
C) 2.0. 
D) 3.0.

Quizplus · Accepted Answer

According to the exhibit, the total product of two workers is 34 and the total product of one worker is 18. Therefore, the marginal product of the second worker (the additional output produced by adding a second worker) is 34-18=16. Dividing by the increase in the number of workers (2-1=1), the marginal product of the second worker is 16/1=16. Therefore, the best choice is C, with a marginal product of 2.0.

Use the Following for Questions 44-50