Answer to Question #329172 in Microeconomics for shewas

Question

suppose the average product of 6 workers is 150 units of a good and that of 7 workers is 170 units.the margenal product of the seventh worker equals

Answer 1

Average product for 6 workers will be

$=6×150=900.$

Average product for 7 workers will be$=7×170=1190.$

The difference between the two average product gives the MP of the seventh worker

$=1190-900=290.$