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

Number of workersNumber of Textbooks
00
1130
2234
3312
4364
5390

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

 

Hint




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

Number of workersNumber of Bags
00
1020
2036
3048
4056
5060

Given this data, what is marginal product of labor when quantity increases from 40 by ten units?

 

Hint




The table below shows data for the production of Pineapples for an individual firm operating in a perfectly competitive market. Suppose that the price of Pineapples is $2.

Number of workersNumber of Pineapples
00
10120
20216
30288
40336
50360
Given this data, complete the table:



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


Hint


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