Complete the table: Number of Workers per Day Movie Tickets Produced per Day Average Product Marginal Product Average Price of Movie Tickets Total Value Product Average Value Product Marginal Value Product Price of Worker per Day
Complete the table: Number of Workers per Day Movie Tickets Produced per Day Average Product Marginal Product Average Price of Movie Tickets Total Value Product Average Value Product Marginal Value Product Price of Worker per Day
Chapter10: Labor Markets And Income Distribution
Section: Chapter Questions
Problem 3SQP
Related questions
Question
Complete the table:
|
Number of Workers per Day |
Movie Tickets Produced per Day |
|
Average Product |
|
Marginal Product |
|
Average Price of Movie Tickets |
|
Total Value Product |
|
Average Value Product |
|
Marginal Value Product |
|
Price of Worker per Day |
|
0 |
0 |
|
|
|
$10.00 |
|
|
|
|
|
$120.00 |
||||
|
1 |
227 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
2 |
615 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
3 |
935 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
4 |
1,185 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
5 |
1,427 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
6 |
1,631 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
7 |
1,788 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
8 |
1,800 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
9 |
1,800 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
10 |
1,789 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
11 |
1,757 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
12 |
1,679 |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
|
$120.00 |
|
|
|||||||||||||||
|
|
|
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|
|
|
|
|
|
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