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Consider the following table showing labor (number of workers hired) and total output (quantity of units produced). Labor (L) (Number of Workers) Output (Q) (Units
Consider the following table showing labor (number of workers hired) and total output (quantity of units produced).
| Labor (L) (Number of Workers) | Output (Q) (Units Produced) |
|---|---|
| 0 | 0 |
| 1 | 30 |
| 2 | 50 |
| 3 | 63 |
| 4 | 73 |
What is the marginal product of the fourth worker?
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
