If the average product at 3 units of labour is 10 units of output and the average product at 4 units of labour is 11 units of output then what is the marginal product of increasing labour from 3 to 4 units? A) 14. B) 1 C) 11. D) 0.5. E) None of the above.

If the average product at 3 units of labour is 10 units of output and the average product at 4 units of labour is 11 units of output then what is the marginal product of increasing labour from 3 to 4 units? A) 14. B) 1 C) 11. D) 0.5. E) None of the above.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

6. If the average product at 3 units of labour is 10 units of output
and the average product at 4 units of labour is 11 units of output,
then what is the marginal product of increasing labour from 3 to
4 units?
A) 14.
B) 1
C) 11.
D) 0.5.
E) None of the above.

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