Use the table to answer the question.

Number of Workers Output Total Cost ($) Total Revenue ($)
1 40,000 50,000 400,000
2 48,000 100,000 480,000
3 52,000 150,000 520,000
Calculate the marginal product of labor associated with hiring a third worker.
a

370,000
b

4,000
c

40,000
d

50,000

1 answer

b. 4,000

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