Suppose a 1-Unit Increase in Labour,from 2 to 3 Workers,increases

question 62

Multiple Choice

Suppose a 1-unit increase in labour,from 2 to 3 workers,increases output from 10 to 15 tea cups.The marginal product from the increase in the quantity of labour is

• A)1 tea cup.
• B)3 tea cups.
• C)4 tea cups.
• D)5 tea cups.
• E)15 tea cups.

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Definitions:

Vectors

Quantities that have both magnitude and direction, represented by arrows in physics and mathematics.

Magnitude

Refers to the size or extent of something, often used in the context of numbers, earthquakes, and vectors to denote their strength or value.

Hypotenuse

The longest side of a right-angled triangle, opposite the right angle, calculated with the Pythagorean theorem.

Inches

A unit of length in the British imperial and United States customary systems of measurement, equal to 1/12 of a foot.