Asked by Libby Marie on Jul 16, 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 three worker is
A) 15.33.
B) 30.
C) 46.
D) 138.
Marginal Products
Marginal Product is the extra output, or product, produced by using one more unit of a production input, holding all other inputs constant.
Total Product
The total quantity of output produced by a firm over a given period.
Dogs Washed
The service or action of cleaning dogs by bathing them, often as a professional service.
- Calculate total product from marginal products.
Verified Answer
MK
Madan KesanapalliJul 18, 2024
Final Answer :
C
Explanation :
The total product is the sum of the marginal products of all workers. For the three workers, it's 20 + 16 + 10 = 46 dogs washed.
Learning Objectives
- Calculate total product from marginal products.