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Suppose Charles owns a​ lawn-mowing company. Assume that without​ workers, no yards are mowed. When he hires one​ worker, he is able to mow 4 yards per day. With two​ workers, he can mow 9 yards per​ day, and with three​ workers, he can mow 15 yards per day.The marginal product of the first worker is

Respuesta :

Answer: The marginal product of the first worker is 4 yards per day.

Explanation:

The marginal product of labor is the level of output that is produced by an additional labor that is added.

Marginal product of the nth labor = total product of nth labor - total product of (n-1)th labor

Hence,

Marginal Product of first worker = Total product of first worker - total product of zero worker

= 4 - 0

= 4

∴The marginal product of the first worker is 4 yards per day.

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