Question #329172

suppose the average product of 6 workers is 150 units of a good and that of 7 workers is 170 units.the margenal product 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

=1190900=290.=1190-900=290.

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