Question #201918

Suppose the average product of 6 workers is 150 units of a good and

that of 7 workers is 170 units. The MP of the seventh worker equals:


Expert's answer

Average product for 6 workers will be

=6×150=900=6×150\\=900

Average product for 7 workers will be=7×170=1190=7×170\\=1190

The difference between the two average product gives the MP of the seventh worker

=1190−900=290=1190-900\\=290


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