Question 30
HardOriginal questionThe average product of 6 workers is 15, and of 7 workers is 14. What is the marginal product of the 7th worker?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
TP₆ = 6 × 15 = 90; TP₇ = 7 × 14 = 98.
MP₇ = 98 − 90 = 8.
Worth noting
−1 subtracts the averages; marginal product needs the totals first.
- Concept
- MP from two averages
- Typical timeTypical
- 100 s
- Your timeYours
- —
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Ten questions from Production Function: TP, MP and AP, at your own pace.