If the Marginal Product of the Fifth Worker Is 34,then

question 127

Multiple Choice

If the marginal product of the fifth worker is 34,then the total product of five workers

• A)is 35.
• B)is 24.
• C)is 170.
• D)is 6.8.
• E)cannot be calculated with the information given.

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Definitions:

Productivity Growth

The rate at which a company or country can produce more goods or services with the same amount of labor and resources.

U.S.

The United States of America is a country consisting of 50 states, a federal district, five major self-governing territories, and various possessions, known for its significant influence in global political, cultural, and economic affairs.

Percent

A mathematical term used to describe a number as a fraction of 100.

Per-Worker Production Function

A mathematical relation showing the output produced per worker as a function of the level of capital per worker, holding technology constant.