Question 17 (1 point) Table 13-1 Number of Workers Total Output Marginal Product x Refer to...

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Answer 1

Answer #1

Answer 17

Marginal Product is the additional output produced when we hire one additional unit of input(here workers).

Thus, Total output for N workers will be sum of Marginal Output till First N workers.

Thus Total Output produced when 5 workers are hired = sum of Marginal Output till 5th worker

=> Total Output produced when 5 workers are hired = 30 + 45 + 60 + 50 + 40 = 225

Hence, the correct answer is (d) 225

Answer 2

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