The marginal product of the 5th unit of capital is
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Correct Answer: Option D
Explanation:
marginal product is calculated as the change in the total number of units produced divided by the change in a single variable input.Â
change in the total number of units = 425 - 212 = 213
Change in single variable unit = 5 - 4 =Â 1Â
The marginal product of the 5th unit of capital = \(\frac{213}{1}\) = 213
marginal product is calculated as the change in the total number of units produced divided by the change in a single variable input.Â
change in the total number of units = 425 - 212 = 213
Change in single variable unit = 5 - 4 =Â 1Â
The marginal product of the 5th unit of capital = \(\frac{213}{1}\) = 213