A small bakery employs 5 workers who each produce 20 loaves of bread per day. The bakery decides to hire an additional worker, and the total production increases to 125 loaves of bread per day. What is the marginal product of the additional worker?(1 point)

Question

Responses

20 loaves of bread
20 loaves of bread

5 loaves of bread
5 loaves of bread

25 loaves of bread
25 loaves of bread

125 loaves of bread

Answer 1

To find the marginal product of the additional worker, we need to calculate the increase in total production after hiring that worker.

Initially, with 5 workers producing 20 loaves each:

\[ 5 \text{ workers} \times 20 \text{ loaves/worker} = 100 \text{ loaves} \]

After hiring the additional worker, the total production is 125 loaves.

Now, we can find the marginal product by subtracting the initial production from the new production:

\[ \text{Marginal Product} = \text{New Production} - \text{Old Production} = 125 \text{ loaves} - 100 \text{ loaves} = 25 \text{ loaves} \]

Therefore, the marginal product of the additional worker is 25 loaves of bread.

The correct response is:

25 loaves of bread.