MGEB06H3 Lecture 9: Lecture Note for ECMB06, Lecture 9
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19 Jul 2010
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Related Questions
Complete the marginal product schedule below.
Labor |
Total Output |
Marginal Product |
0 |
0 |
|
1 |
8 |
|
2 |
18 |
|
3 |
30 |
|
4 |
43 |
|
5 |
55 |
|
6 |
65 |
|
7 |
73 |
|
8 |
79 |
|
9 |
82 |
|
10 |
80 |
Construct the marginal product schedule for the production function data in the following table:
Labor |
Total Output |
|
0 |
0 |
|
1 |
8 |
|
2 |
18 |
|
3 |
30 |
|
4 |
43 |
|
5 |
55 |
|
6 |
65 |
|
7 |
73 |
|
8 |
79 |
|
9 |
82 |
|
10 |
80 |
|
Construct the marginal product schedule for the production function data in the following table.
Labor | Total Product | Marginal Product |
0 | 0 | |
1 | 8 | |
2 | 18 | |
3 | 30 | |
4 | 43 | |
5 | 55 | |
6 | 65 | |
7 | 73 | |
8 | 79 | |
9 | 82 | |
10 | 80 |