What is the marginal product of the third worker?
Understand the Problem
The question is asking for the marginal product of the third worker, which refers to the additional output produced when the third worker is hired. To address this, we would typically analyze the production function and the outputs produced by the first two workers compared to those produced with the third worker.
Answer
36 units of output
The marginal product of the third worker is 36 units of output.
Answer for screen readers
The marginal product of the third worker is 36 units of output.
More Information
Marginal product measures the additional output generated by the addition of one more worker.
Tips
A common mistake is not subtracting the output of the second worker from the third to find the marginal product.
Sources
- # of workers Units of output... - homework.study.com
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