A firm produces 100 products with 8 workers. It produces 220 products with 9 workers. It produces 400 products with 10 workers. It produces 650 products with 11 workers. It produces 850 products with 12 workers. It produces 1,000 products with 13 workers. Starting with which worker does the marginal production begin to decline?
Beginning with the 13th worker.
Beginning with the 9th worker.
Beginning with the 10th worker
. Beginning with the 11th worker.
Beginning with the 12th worker.
Workers | Total product (TP) | Marginal product (MP)= (Change in TP) |
8 | 100 | - |
9 | 220 | 120 |
10 | 400 | 180 |
11 | 650 | 250 |
12 | 850 | 200 |
13 | 1000 | 150 |
Beginning with the 11th worker marginal production begin to decline. Because after 11 workers , MP is declining as we can see in the table above. Hence,option(D) is correct.
A firm produces 100 products with 8 workers. It produces 220 products with 9 workers. It...
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