2. Question 2 Table 1 sets out Sue's Surfboards' total product schedule. Table 1: Labour (workers per week) Output (surfboards per week) 1 30 2 70 120 160 190 210 220 34567 6 7 (a) Calculate the average product of labour and the marginal product of labour. Draw the total product curve, the average product curve and the marginal product curve within the same diagram. -1- See Next Page
2. Question 2 Table 1 sets out Sue's Surfboards' total product schedule. Table 1: Labour (workers per week) Output (surfboards per week) 1 30 2 70 120 160 190 210 220 34567 6 7 (a) Calculate the average product of labour and the marginal product of labour. Draw the total product curve, the average product curve and the marginal product curve within the same diagram. -1- See Next Page
Chapter7: Production And Cost In The Firm
Section: Chapter Questions
Problem 3.7P
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