Lecture Handout 6 – Marginal Product of Labour Total Product 0 1 2 3 4 5 6 7 8 Labor (units) Q2) A) Refer to the figure above: What is the marginal product of the 3rd worker? B) What is the marginal product of the 7th worker? C) What is the average product of the 4th worker? D) Diminishing marginal productivity sets in after which worker is hired? E) How is diminishing returns different to diseconomies of scale?

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