If 9 Workers Can Produce 1,550 Units of Output and 10

question 189

Multiple Choice

If 9 workers can produce 1,550 units of output and 10 workers can produce 1,700 units of output,then the marginal product of the 10th worker is

• A) 1,700 units.
• B) 1,550 units.
• C) 150 units.
• D) 170 units.
• E) 155 units.

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Definitions:

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible, with minimal unemployment.

Positive Statement

A factual claim about how the world actually works, verifiable by observation or scientific evidence, as opposed to normative statements which involve values and judgements.

Humidity Level

The amount of water vapor present in the air, expressed as a percentage of the amount needed for saturation at the same temperature.

Temperature

A measure of the average kinetic energy of the particles in a substance, indicating how hot or cold the substance is.