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

Number of workersNumber of Jackets
00
180
2144
3192
4224
5240

Given this data, what is the marginal product of labor when quantity increases from 2 by one unit?

 

Hint




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

Number of workersNumber of Pineapples
00
10140
20252
30336
40392
50420

Given this data, what is marginal product of labor when quantity increases from 20 by ten units?

 

Hint




The table below shows data for the production of Apples for an individual firm operating in a perfectly competitive market. Suppose that the price of Apples is $5.

Number of workersNumber of Apples
00
1060
20108
30144
40168
50180
Given this data, complete the table:



 Quantity of Apples  Marginal Product of Labor (MPL) Value of the Marginal Product of Labor (VMPL)
0 - -
10
20
30
40
50


Hint


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