The table below shows the quantity of workers and total output for a local pizza parlor. What is the marginal product of the fifth worker? Answer must be a whole number. Show your complete solution.

Question:

The table below shows the quantity of workers and total output for a local pizza parlor.

Quantity of Workers	Total Output
0	0
1	3
2	-
3	17
4	22
5	26
6	24

What is the marginal product of the fifth worker? Answer must be a whole number. Show your complete solution.

Marginal Product of Labor:

The marginal product of labor is the change in the total output realised when a firm hires an additional unit of a worker. The marginal product of labor diminishes as the firm hires more and more units of labor or workers.

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Marginal Product of Labor: Definition, Formula & Example

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Chapter 3 / Lesson 49

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Understand the meaning of marginal product of labor. Learn the marginal product of labor (MPL) formula, its significance, and how to calculate MPL with examples.

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The table below shows the quantity of workers and total output for a local pizza parlor. What is...

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Marginal Product of Labor:

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