The table below shows the number of workers and total output. Calculate marginal and average product for each worker. Number of Workers Total Production Marginal Product Average Product 1 100     2 220     3 300     4 340     The marginal product of the third worker is Blank 1 and the average product when three workers are employed is  The marginal product of the fourth worker is Blank 3 and the average product when fourth workers are employed is

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter19: Labor And Entrepreneurship: The Human Inputs
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The table below shows the number of workers and total output. Calculate marginal and average product for each worker.

Number of Workers

Total Production

Marginal Product

Average Product

1

100

 

 

2

220

 

 

3

300

 

 

4

340

 

 

The marginal product of the third worker is Blank 1 and the average product when three workers are employed is 

The marginal product of the fourth worker is Blank 3 and the average product when fourth workers are employed is 

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