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Question 1

The table below shows data for the production of Bags for an individual firm.

Number of workersNumber of Bags
00
150
290
3120
4140
5150

Given this data, what is marginal product when quantity increases from 3 by one unit?

 

 

Hint




Question 2

The table below shows data for the production of Apples for an individual firm.

Number of workersNumber of Apples
00
10140
20252
30336
40392
50420

Given this data, what is marginal product when quantity increases from 30 by ten units?

 

 

Hint