Question
The table shown is for a hat factory, and shows the total production of hats given various numbers of employees. What is the marginal product
The table shown is for a hat factory, and shows the total production of hats given various numbers of employees. What is the marginal product of the fifth worker?
Number of employees Total Output
0 0
1 10
2 50
3 110
4 160
5 200
6 230
7 255
- A.30
- B.40
- C.50
- D.160
- E.200
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
