pack the melons. The table sets out Ann's total product schedule. What is the marginal product of the fourth student and the average product of 4 students? *** She hires students to pick and The marginal product of the fourth student is 60 melons a day. The average product of 4 students is 61.43 melons a day. >>> Answer to 1 decimal place. Labor (students) 1 2 3 4 5 6 7 Total produ (melons per da 0 100 220 300 360 400 420 430

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter11: The Firm: Production And Costs
Section: Chapter Questions
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✪
N
S
Ann leases a farmer's field and grows melons. She hires students to pick and
pack the melons.
The table sets out Ann's total product schedule.
What is the marginal product of the fourth student and the average product of
4 students?
The marginal product of the fourth student is
60 melons a day.
The average product of 4 students is 61.43 melons a day.
>>> Answer to 1 decimal place.
Help me solve this Animation Get more help.
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Labor
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1
2
3
4
5
6
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Total product
(melons per day)
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100
220
300
360
400
420
430
Check answer
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1
Transcribed Image Text:✪ N S Ann leases a farmer's field and grows melons. She hires students to pick and pack the melons. The table sets out Ann's total product schedule. What is the marginal product of the fourth student and the average product of 4 students? The marginal product of the fourth student is 60 melons a day. The average product of 4 students is 61.43 melons a day. >>> Answer to 1 decimal place. Help me solve this Animation Get more help. 3 e d $ 4 r 5 به f g 8.0 6 y h 07 & O * O 8 90 j Labor (students) 0 9 1 2 3 4 5 6 7 Clear all O ✓ 0 - Total product (melons per day) 0 100 220 300 360 400 420 430 Check answer р 1
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