Try another version of these questions The table below shows data for the production of Jackets for an individual firm. Given this data, what is the marginal product of labor when quantity increases from 1 by one unit? Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 The table below shows data for the production of Jackets for an individual firm. Given this data, what is marginal product of labor when quantity increases from 20 by ten units? Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 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 $8. Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 4: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 5: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 6: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 7: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 8: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 9: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 10: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172Number of workers Number of Jackets 0 0 1 140 2 252 3 336 4 392 5 420
Enter DNE for Does Not Exist, oo for InfinityNumber of workers Number of Jackets 0 0 10 30 20 54 30 72 40 84 50 90
Enter DNE for Does Not Exist, oo for Infinity
Given this data, complete the table:
Number of workers Number of Apples 0 0 10 80 20 144 30 192 40 224 50 240
Quantity of Apples
Marginal Product of Labor (MPL)
Value of the Marginal Product of Labor (VMPL)
0
-
-
10
20
30
40
50
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity