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6 Oct 2020
Complete the marginal product of labor schedule.
Labor Input
Total Product
0
0
1
8
2
18
3
25
4
30
5
33
6
34
Complete the marginal product of labor schedule.
|
Labor Input |
Total Product |
|
0 |
0 |
|
1 |
8 |
|
2 |
18 |
|
3 |
25 |
|
4 |
30 |
|
5 |
33 |
|
6 |
34 |
Anne Gillian DueroLv10
6 Nov 2020
Related textbook solutions
Related questions
Complete the marginal product schedule below.
|
Labor |
Total Output |
Marginal Product |
|
0 |
0 |
Ā |
|
1 |
8 |
Ā |
|
2 |
18 |
Ā |
|
3 |
30 |
Ā |
|
4 |
43 |
Ā |
|
5 |
55 |
Ā |
|
6 |
65 |
Ā |
|
7 |
73 |
Ā |
|
8 |
79 |
Ā |
|
9 |
82 |
Ā |
|
10 |
80 |
Ā |
Construct the marginal product schedule for the production function data in the following table.
| LaborĀ | Total Product | Marginal Product |
| 0 | 0 | Ā |
| 1 | 8 | Ā |
| 2 | 18 | Ā |
| 3 | 30 | Ā |
| 4 | 43 | Ā |
| 5 | 55 | Ā |
| 6 | 65 | Ā |
| 7 | 73 | Ā |
| 8 | 79 | Ā |
| 9 | 82 | Ā |
| 10 | 80 | Ā |
Construct the marginal product schedule for the production data in the following table.
|
Labor |
Total Output |
Marginal Product |
|
0 |
0 |
- |
|
1 |
8 |
Ā |
|
2 |
18 |
Ā |
|
3 |
30 |
Ā |
|
4 |
43 |
Ā |
|
5 |
55 |
Ā |
|
6 |
65 |
Ā |
|
7 |
73 |
Ā |
|
8 |
79 |
Ā |
|
9 |
82 |
Ā |
|
10 |
80 |
Ā |
Ā
