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

Number of workersNumber of Bags
00
160
2108
3144
4168
5180

Given this data, what is the marginal product of labor when quantity increases from 1 by one unit?

 

Hint




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

Number of workersNumber of Pineapples
00
1030
2054
3072
4084
5090

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 Avocados for an individual firm operating in a perfectly competitive market. Suppose that the price of Avocados is $8.

Number of workersNumber of Avocados
00
1080
20144
30192
40224
50240
Given this data, complete the table:



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


Hint


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