Suppose that a firm's only variable input is labor. The firm increases the number of employees from four to five, thereby causing weekly output to rise by five units and total costs to increase from $3 comma 500 per week to $3 comma 800 per week. What is the marginal product of the fifth worker? nothing units. (Your answer should be a whole number .)
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Home » Business » Suppose that a firm's only variable input is labor. The firm increases the number of employees from four to five, thereby causing weekly output to rise by five units and total costs to increase from $3 comma 500 per week to $3 comma 800 per week.