Economy, asked by niyatidutta, 3 months ago

Q Four units of labour produce 200 units of output and 5 unit of labour produce 220 units of output. Calculate MP of the labour??? Pls give proper explanation...​

Answers

Answered by rayhope7
2

Answer:

Marginal Production is 20 Units

Explanation:

Marginal Production unit is that Number of units which are added to previous Unit of Production

Ex... 1 unit of labour - 40 unit of output

2 unit of labour -80 unit of output

Hence additional unit for one more unit of Labour is 40unit of output

..

4 - 200

5- 220

Difference is 20 Units

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