If 1 unit of L gives 10 units of output and 2 units of L give 30 units of output, the Marginal Product of the second unit of L is .

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Solution

The correct option is C 20
Marginal Product is the additional total output produced by employing one more unit of the variable factor. Thus, it is (30-10) = 20.

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If 1 unit of L gives 10 units of output and 2 units of L give 30 units of output, the Marginal Product of the second unit of L is .

The correct option is C 20Marginal Product is the additional total output produced by employing one more unit of the variable factor. Thus, it is (30-10) = 20.

The correct option is C 20
Marginal Product is the additional total output produced by employing one more unit of the variable factor. Thus, it is (30-10) = 20.