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
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
Chapter11: The Firm: Production And Costs
Section: Chapter Questions
Problem 5P
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