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
Chapter22: Inflation
Section: Chapter Questions
Problem 18RQ: What is deflation?
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Question
![00:50 Wed, 28 Dec
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
Tractor
(units)
2
2
2
2
2
2
2
2
Document (3) - Saved
Table 1. Production of corn
Total
product
(tons)
Worker
(peoples)
1
2
3
4
5
6
7
8
8
24
54
82
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?
46%
ir](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa964a701-ebde-441e-8ac9-bfdd0a8a15ea%2F71a29a4e-d494-42f6-83ce-abf0a01ab1da%2Fytxd7k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:00:50 Wed, 28 Dec
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
Tractor
(units)
2
2
2
2
2
2
2
2
Document (3) - Saved
Table 1. Production of corn
Total
product
(tons)
Worker
(peoples)
1
2
3
4
5
6
7
8
8
24
54
82
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?
46%
ir
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