Answer to Question #201918 in Microeconomics for Rida Awwal

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:


1
Expert's answer
2021-06-02T12:24:23-0400

Average product for 6 workers will be

"=6\u00d7150\\\\=900"

Average product for 7 workers will be"=7\u00d7170\\\\=1190"

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

"=1190-900\\\\=290"


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