The table shows the daily production of Papaya Co., that supplies papayas to hotels and restaurants in Manila Price of 1 kg. -P50, Daily wage per worker = P500 What is the marginal product of each of the 6th to 10th workers? [Select] No. of Total MP (kg) AP (kg) Law of Diminishing marginal returns sets in after how many workers? per per Workers Product (kg) worker worker [Select] 0 5 10 15 20 25 30 35 0 1500 4500 10500 18000 24000 27000 28000

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter11: The Firm: Production And Costs
Section: Chapter Questions
Problem 6P
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The table shows the daily production of Papaya Co., that supplies papayas to hotels and restaurants in
Manila
Price of 1 kg. =P50, Daily wage per worker =
P500
What is the marginal product of each of the 6th
to 10th workers? [Select]
No. of
Total
MP (kg) AP (kg)
Law of Diminishing marginal returns sets in after
how many workers?
per
per
Workers Product (kg)
worker
worker
[Select]
O
5
10
5
15
20
25
30
35
0
1500
4500
10500
18000
24000
27000
28000
Transcribed Image Text:The table shows the daily production of Papaya Co., that supplies papayas to hotels and restaurants in Manila Price of 1 kg. =P50, Daily wage per worker = P500 What is the marginal product of each of the 6th to 10th workers? [Select] No. of Total MP (kg) AP (kg) Law of Diminishing marginal returns sets in after how many workers? per per Workers Product (kg) worker worker [Select] O 5 10 5 15 20 25 30 35 0 1500 4500 10500 18000 24000 27000 28000
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