Question 13
MediumOriginal questionCapital is fixed and labour is varied. The table shows total product.
| Labour (units) | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Total product | 10 | 24 | 39 | 52 | 60 | 66 | 70 | 70 | 63 |
What is the marginal product of the 9th unit of labour?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
MP₉ = TP₉ − TP₈ = 63 − 70 = −7.
Too many workers on the fixed capital get in each other's way, so output falls.
Worth noting
7 is the average product at 9 units (63 ÷ 9), with no minus sign.
- Concept
- Negative marginal product
- Typical timeTypical
- 70 s
- Your timeYours
- —
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Ten questions from Production Function: TP, MP and AP, at your own pace.