A farm can produce 1 000 kilograms of wheat per year with two workers,1 300 kilograms of wheat per year with three workers,and 1 500 kilograms of wheat per year with four workers.The marginal product of the fifth worker is _____ kilograms.
A) 250
B) 300
C) 1 500
D) less than 200

Question

Quizplus · Accepted Answer

The marginal product of the fifth worker is the additional output produced by adding one more worker. With four workers, the farm produces 1,500 kg. If the fifth worker's marginal product is less than 200 kg, the total output would be less than 1,700 kg, which is consistent with the diminishing returns observed from previous worker additions.

A Farm Can Produce 1 000 Kilograms of Wheat Per