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Production Function: TP, MP and AP · Question 15 of 62

Question 15

MediumOriginal question

The marginal products of the first three workers are 8, 12 and 10. What is the total product of 3 workers?

Options for question 15

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. TP is the sum of the marginal products: 8 + 12 + 10 = 30.

Concept
TP as the sum of MPs
Typical time
70 s
Your time
—
The rule this testsTotal, marginal and average product
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