Homework Answers
Answer
marginal product of n th worker =total output of n workers - total
output of n-1 workers
MP(n)=TP(n)-TP(n-1)
MP(1)=3-0=3
MP(2)=8-3=5
MP(3)=10-8=2
MP(4)=11-10=1
MP(5)=9-11=-2
MP(6)=6-9=-3
the diminishing marginal product begins as the marginal product decreases and it is decreased after the second worker
Option B
after the second worker
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