Questions
Single choice
Table 13-1 Labor (Number of Workers) Output (Units) Marginal Product (Units) 0 0 – 1 30 2 45 3 60 4 50 5 40 Refer to Table 13-1. What is total output when 1 worker is hired?
Options
A.10
B.30
C.45
D.75
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Step-by-Step Analysis
To answer the question, we first restate the given data from Table 13-1: the Output (Units) corresponding to each Labor (Number of Workers).
- 0 workers -> 0 output
- 1 worker -> 30 output
- 2 workers -> 45 output
- 3 workers -> 60 output
- 4 workers -> 50 output
- 5 workers -> 40 ......Login to view full explanationLog in for full answers
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