Asked by James Stupin on Jun 13, 2024
Verified
At the Pampered Pet Salon the marginal products of the first, second, and third workers are 20, 16, and 10 dogs washed, respectively. The total product (number of dogs washed) of the first two workers is
A) 16.
B) 20.
C) 36.
D) 46.
Average Product
The output per unit of a particular input, calculated by dividing total output by the quantity of inputs.
Labor
Human effort, either physical or mental, used in the production of goods and services.
- Become familiar with the notion of marginal and average products in labor.
Verified Answer
CL
Chania LyerlyJun 15, 2024
Final Answer :
C
Explanation :
The total product of the first two workers is the sum of their marginal products: 20 (from the first worker) + 16 (from the second worker) = 36 dogs washed.
Learning Objectives
- Become familiar with the notion of marginal and average products in labor.