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9 December, 23:22

Labor Output Marginal Product Variable Cost Fixed Cost 0 0 - - $0 $5 1 100 100 $5 2 250 $10 3 350 $15 4 50 $20 5 25 $25 6 430 $30 What is the marginal product of the second worker? Group of answer choices 200 units 250 units 50 units 150 units Not enough information given to determine marginal product.

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  1. 10 December, 02:59
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    Answer: The correct answer is 150 UNITS.

    Explanation: The table is:

    Labor / Output / Marginal Product / Variable Cost / Fixed Cost

    0 0 - - $0 $5

    1 100 100 $5

    2 250 $10

    3 350 $15

    4 50 $20

    5 25 $25

    6 430 $30

    And the Marginal product is it is the variation that the production of a good experiences when increasing a unit of a productive factor of the same, remaining the rest constant.

    Therefore 250 - 100 = 150.
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