1
You visited us
1
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XI
Economics
Marginal Product
Hours of labo...
Question
Hours of labour worked output
Total output
1
300
2
355
3
400
4
390
Find the marginal output when 2 hours of labour are deployed.
A
65
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
80.5
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
55
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
-50
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is
C
55
Hours of labour worked output
Total output
Marginal output
1
300
300
2
355
55
3
400
45
4
390
-10
Suggest Corrections
0
Similar questions
Q.
Hours of labour worked output
Total output
1
300
2
355
3
400
4
390
Find the marginal output for 3 hours of labour.
Q.
Hours of Labour
Total Output
Marginal Product
0
?
?
1
100
100
2
?
80
3
240
?
What is the marginal product when
3
hours of labour are employed?
Q.
Hours of Labour
Total Output
Marginal Product
0
?
?
1
100
100
2
?
80
3
240
?
What is the total output when
2
hours of labour are employed?
Q.
Use table to answer questions
Hours of Labour
Total output
Marginal Product
0
0
0
1
200
200
2
-
160
3
480
-
What is the total output when 2 hours of labour are employed
Q.
If the number of hours for which a labourer works is x and y are his wages (in rupees) and y = 2x − 1, then draw the graph of work-wages equation. From the graph, find the wages of the labourer if he works for 6 hours.