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CA CPT Model Test Paper 5 with solutions for online practice

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Consider Sumit's production data given in the table. Use Table to answer questions 06 - 07

Number‌of‌Workers	‌	Total‌Output
1	‌	10
2	‌	22
3	‌	31
4	‌	40
5	‌	47
6	‌	52
7	‌	56
8	‌	58
9	‌	60
10	‌	61

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Question : 106

Total: 200

Suppose Sumit has to pay his workers Rs 20 per hour, and further suppose there are no other production costs at all. What is the marginal product of the 5th worker?

12
9
7
8

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