Complete Table 21 What Is the Marginal Physical Product of the Second Unit

question 116

Multiple Choice

Complete Table 21.3 below:
$\begin{array}{l}\begin{array} { l l l } \text { Units of } & \text { Units of } \\\text { Labor } & \text { Output } & \text { MPP } \\0 & 0 &\underline{\quad\quad} \\1 & \underline{\quad\quad} & 30 \\2 & 66 & \underline{\quad\quad}\\3 &\underline{\quad\quad} &30 \\4 & 116&\underline{\quad\quad}\end{array}\\\text { Table } 21.3\end{array}$ What is the marginal physical product of the second unit of labor in Table 21.3?

• A)66.
• B)36.
• C)33.
• D)18.

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Definitions:

Unemployment Insurance Benefits

Payments made by authorized bodies to unemployed workers who meet the eligibility requirements, intended to provide temporary financial assistance.

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The proportion of the labor force that is jobless and actively seeking employment, officially announced or published by government agencies.

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Discouraged Workers

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