Quantity of Workers 0 1 2 3 4 5 Total Product 0 3 7 12 16 18 18 Average Product Marginal Product In the above table, the marginal product of the 3rd worker is Select one: A. 4. B. 5. C. 3. D. 12.
Quantity of Workers 0 1 2 3 4 5 Total Product 0 3 7 12 16 18 18 Average Product Marginal Product In the above table, the marginal product of the 3rd worker is Select one: A. 4. B. 5. C. 3. D. 12.
Chapter16: The Markets For Labor, Capital, And Land
Section: Chapter Questions
Problem 17P
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Transcribed Image Text:Quantity of Total
Workers
Product
0
123456
0
3
726
12
16
18
18
Average
Product
Marginal
Product
In the above table, the marginal product of the 3rd worker is
Select one:
A. 4.
B. 5.
C. 3.
D. 12.
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