23) The marginal products of the first, second, and third workers are 50, 34, and 22, respectively. If four workers can produce 116 units of output, then the marginal product of the fourth worker is A) 10 B) 12 C) 22 Answer: A Diff: 2 Topic: The Production Process Skill: Analytic D) 116

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter11: The Firm: Production And Costs
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23) The marginal products of the first, second, and third workers are 50, 34, and 22, respectively.
If four workers can produce 116 units of output, then the marginal product of the fourth
worker is
A) 10
B) 12
D) 116
Answer: A
Diff: 2
Topic: The Production Process
Skill: Analytic
C) 22
Transcribed Image Text:23) The marginal products of the first, second, and third workers are 50, 34, and 22, respectively. If four workers can produce 116 units of output, then the marginal product of the fourth worker is A) 10 B) 12 D) 116 Answer: A Diff: 2 Topic: The Production Process Skill: Analytic C) 22
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