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Production Function: TP, MP and AP · Question 10 of 62

What is the marginal product of the 3rd unit of labour?

Question 10

MediumOriginal question

Capital is fixed and labour is varied. The table shows total product.

Labour (units)123456789
Total product102439526066707063

What is the marginal product of the 3rd unit of labour?

Options for question 10

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. MP₃ = TP₃ − TP₂ = 39 − 24 = 15.

Worth noting

13 is the average product at 3 units (39 ÷ 3).

Concept
MP from a TP schedule
Typical time
70 s
Your time
—
The rule this testsTotal, marginal and average product
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Ten questions from Production Function: TP, MP and AP, at your own pace.

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