# The short-run production function for a manufacturer of flash memory drives is shown in the table below. Based on this information, answer the following questions. Input of Labor (workers per week)Total Output of Flash Memory Drives00125260385410551156120a.   Calculate the average product at each quantity of labor.b.   Calculate the marginal product of labor at each quantity of labor.c.   At what point does marginal product begin to diminish?

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The short-run production function for a manufacturer of flash memory drives is shown in the table below. Based on this information, answer the following questions.

 Input of Labor (workers per week) Total Output of Flash Memory Drives 0 0 1 25 2 60 3 85 4 105 5 115 6 120

a.   Calculate the average product at each quantity of labor.

b.   Calculate the marginal product of labor at each quantity of labor.

c.   At what point does marginal product begin to diminish?

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Step 1

a) Average product is the output produced per unit of labor.

Formula for calculating average product:

Step 2

Step3:

b) Marginal product can be calculated as the change in total output on addition of one more unit of labor input.

The formula for calculating marginal product:

Step 3

The following table shows average product and ma... help_outlineImage TranscriptioncloseInput of labor (Q) Total production (ТР) АР МP 25 (25/1) 25 (25-0) 25 1 30 (60/2) 2 60 35 (60-25) 85 28.33 105 26.25 20 5 23 10 115 120 5 25 20 4 fullscreen

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