16. The marginal physical product of the third unit of labour in Figure 1.4Figure 1.4504840Total output28123.4Labor Input(workers per day)a. 40.0 units per dayb. 12.0 units per dayc. 13.3 units per dayd. 4.0 units per dayindino(units per day)

Marginal physical product is the change in the total product due to increase in the one unit of…

16. The marginal physical product of the third unit of labour in Figure 1.4 Figure 1.4 50 48 40 Total output 28 12 0. 2 4. Labor Input (workers per day) a. 40.0 units per day b. 12.0 units per day c. 13.3 units per day d. 4.0 units per day indino (units per day)

16. The marginal physical product of the third unit of labour in Figure 1.4 Figure 1.4 50 48 40 Total output 28 12 0. 2 4. Labor Input (workers per day) a. 40.0 units per day b. 12.0 units per day c. 13.3 units per day d. 4.0 units per day indino (units per day)

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter7: Production And Cost In The Firm

Section: Chapter Questions

Problem 3.7P

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Question

16. The marginal physical product of the third unit of labour in Figure 1.4
Figure 1.4
50
48
40
Total output
28
12
3.
4
Labor Input
(workers per day)
a. 40.0 units per day
b. 12.0 units per day
c. 13.3 units per day
d. 4.0 units per day
indino
(units per day)

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