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calculate the marginal product of labor for a car repair shop that adds two mechanics and begins fixing five extra cars each week. type an answer and press enter to submit

Sagot :

This indicates that each new mechanic contributed to a weekly increase in output of 2.5 automobiles.

A measure of how much production changes when more labor is added is called the marginal product of labor. You divide the change in the total product by the change in labor to determine the marginal product of labor.

You divide the change in the total product by the change in labor to determine the marginal product of labor.

Total product change = 5.

labor change. = 2

Marginal Product = Change in Workers / Change in Total Product

the marginal product of labor = 5 / 2 = 2.5

Therefore, the marginal product of labor for a car repair shop is 2.5

To know more about Marginal products, refer to this link:

https://brainly.com/question/29652804

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