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Production Function: TP, MP and AP · Question 30 of 62

Question 30

HardOriginal question

The average product of 6 workers is 15, and of 7 workers is 14. What is the marginal product of the 7th worker?

Options for question 30

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. TP₆ = 6 × 15 = 90; TP₇ = 7 × 14 = 98.

  2. MP₇ = 98 − 90 = 8.

Worth noting

−1 subtracts the averages; marginal product needs the totals first.

Concept
MP from two averages
Typical time
100 s
Your time
—
The rule this testsTotal, marginal and average product
Practise this chapter →

Ten questions from Production Function: TP, MP and AP, at your own pace.

Practise this chapter →

Ten questions from Production Function: TP, MP and AP, at your own pace.