Consider a firm that produces car repairs. All inputs are fixed except the number of workers hired to make repairs. The schedule of output as the number of workers changes is : Number of Workers Repairs Completed(per day) Marginal Product ( per day) of that worker 1 3 3 2 9 ? 3 18 9 4 30 12 5 ? 15 6 52 7 7 58 6 8 61 3 What is the Marginal Product (MP) of the 2nd worker ( give a numerical answer)
Consider a firm that produces car repairs. All inputs are fixed except the number of workers hired to make repairs. The schedule of output as the number of workers changes is : Number of Workers Repairs Completed(per day) Marginal Product ( per day) of that worker 1 3 3 2 9 ? 3 18 9 4 30 12 5 ? 15 6 52 7 7 58 6 8 61 3 What is the Marginal Product (MP) of the 2nd worker ( give a numerical answer)
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 2SQ
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Consider a firm that produces car repairs. All inputs are fixed except the number of workers hired to make repairs. The schedule of output as the number of workers changes is :
Number of Workers Repairs Completed(per day) Marginal Product ( per day) of that worker
1 3 3
2 9 ?
3 18 9
4 30 12
5 ? 15
6 52 7
7 58 6
8 61 3
What is the Marginal Product (MP) of the 2nd worker ( give a numerical answer)?
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