What is the marginal product of fishing for hour spent

Reference no: EM13202317

In order to determine whether time is being spent optimally, a commercial fisherman has recorded the following information over the past year: "hours spent fishing" and "quantity of fish caught." What is the marginal product of fishing for hour spent?

Hours/day Total Quantity of Fish (tons) Marginal Product
0 0
1 10
2 18
3 24
4 28
5 30
6 31

Reference no: EM13202317

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