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Use the following data to answer the question. Inputs of Labor Total Product 0 0 1 10 2 22 3 36 4 48 5 58
Use the following data to answer the question.
Inputs of Labor | Total Product |
---|---|
0 | 0 |
1 | 10 |
2 | 22 |
3 | 36 |
4 | 48 |
5 | 58 |
6 | 66 |
7 | 63 |
When two units of labor are hired, the marginal product (MP) of the last worker is
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