Question 33
HardOriginal questionThe total product of 5 workers is 100. If a 6th worker is hired, the average product falls to 18. What is the marginal product of the 6th worker?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
TP₆ = 6 × 18 = 108.
MP₆ = 108 − 100 = 8. It is below the old average (20), which is why AP fell.
- Concept
- MP from a falling AP
- Typical timeTypical
- 100 s
- Your timeYours
- —
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Ten questions from Production Function: TP, MP and AP, at your own pace.