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Inessa [10]
2 years ago
15

Suppose a firm currently produces 325 units of output per day with 15 workers. the firm is able to produce 340 units of output w

ith a 16th worker. what is the marginal product of the 16th worker?
Business
1 answer:
Vinvika [58]2 years ago
7 0

MPL implies the extra output level, that is being produced by hiring an additional unit of labor.

So when the 16th worker is hired, the output level rises by = (340-325)

= 15 units.

In science education, a word problem is a mathematical exercise (including in a textbook, worksheet, or exam) wherein sizeable background statistics on the problem is offered in everyday language as opposed to in mathematical notation. As most phrase issues contain a narrative of a few sorts, they may be every now and then referred to as story issues and might range in the amount of technical language used.

To clear up trouble like this by algebra, one interprets the phrases into a gadget of equations, expressing the usage of mathematical variables and operations. For this problem, it's far more convenient to work out the solution first in minutes, and then convert it to hours.

Learn more about word problems here: brainly.com/question/1781657

#SPJ4

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