
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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SHOW FORMULAS ON EXCEL PLEASE
STEP BY STEP

Transcribed Image Text:1
2
WN
3
4
5
6
7
8
9
WN=86
10
11
12
A
B
Capital (K)
1
1
1
1
1
1
1
1
1
1
с
Labor (L)
1
AWNP
2
3
4
5
6
7
8
9
10
Total Product (TP)
10
Average Product (AP)
10
12.33
12.25
==
10.67
9.57
8.38
5.8
22
37
58
64
67
E
64
F
Marginal Product (MP)
10
12
12
9
3
-3
-6
G
13
14 a. Complete the table above (SHOW FORMULAS USING EXCEL)
15
b. Create the graph of Total Product, Average Product, and Marginal Product as a function of Labor (SHOW STEP BY STEP PROCESS USING EXCEL)
16
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