00:50 Wed, 28 DecTable 1 shows the production of corn by Syarikat Usaha. Answer the followingquestions based on the table.Land(piece)1111111Tractor(units)22222222Document (3) - SavedTable 1. Production of cornTotalproduct(tons)Worker(peoples)1234567882454829510010096AverageProduct(tons)MarginalProduct(tons)Based on Table 1, sketch the total product, average product, and marginalproduct curves.Which stage of production is the most efficient? Why?46%ir

Answered: Image /qna-images/answer/71a29a4e-d494-42f6-83ce-abf0a01ab1da.jpg

Table 1 shows the production of corn by Syarikat Usaha. Answer the following questions based on the table. Land (piece) 1 1 1 1 1 1 1 1 Tractor (units) 2 2 2 2 2 2 2 2 Table 1. Production of corn Total product (tons) 8 24 54 82 Worker (peoples) 1 2 3 4 5 6 7 8 95 100 100 96 Average Product (tons) Marginal Product (tons) Based on Table 1, sketch the total product, average product, and marginal product curves. Which stage of production is the most efficient? Why?

Table 1 shows the production of corn by Syarikat Usaha. Answer the following questions based on the table. Land (piece) 1 1 1 1 1 1 1 1 Tractor (units) 2 2 2 2 2 2 2 2 Table 1. Production of corn Total product (tons) 8 24 54 82 Worker (peoples) 1 2 3 4 5 6 7 8 95 100 100 96 Average Product (tons) Marginal Product (tons) Based on Table 1, sketch the total product, average product, and marginal product curves. Which stage of production is the most efficient? Why?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter12: Environmental Protection And Negative Externalities

Section: Chapter Questions

Problem 39CTQ: Technological innovations shift the production possibility curve. Look at graph you sketched for...

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