What is the marginal product of the second hour of labour ?

CA Foundation · Business Economics · PYQS · September 2024
What is the marginal product of the second hour of labour ?
(A) A. 20
(B) B. 10
(C) C. 30
(D) D. 40

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 30

Topics: Theory of Production and Cost

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