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

Number of workersNumber of Pineapples
00
120
236
348
456
560

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 Oranges for an individual firm.

Number of workersNumber of Oranges
00
10100
20180
30240
40280
50300

Given this data, what is marginal product of labor when quantity increases from 10 by ten units?

 

Hint




The table below shows data for the production of Bags for an individual firm operating in a perfectly competitive market. Suppose that the price of Bags is $9.

Number of workersNumber of Bags
00
1040
2072
3096
40112
50120
Given this data, complete the table:



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


Hint


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