The total product for six workers is the average product multiplied by the number of workers, which is 15 * 6 = 90. When the seventh worker is added, the total product increases by the worker's marginal product, which is 90 + 18 = 108.
The average product for the seventh worker is the total product divided by the number of workers, which is 108 / 7 = 15.43.
Assume that average product for six workers is fifteen. If the marginal product of the seventh worker is
eighteen, what is the average product of the seventh worker?
1 answer