Try another version of these questions The table below shows data for the production of Apples for an individual firm. Given this data, what is the marginal product of labor when quantity increases from 3 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 Textbooks for an individual firm. Given this data, what is marginal product of labor when quantity increases from 40 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 Textbooks for an individual firm operating in a perfectly competitive market. Suppose that the price of Textbooks is $6. 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 Apples 0 0 1 110 2 198 3 264 4 308 5 330
Enter DNE for Does Not Exist, oo for InfinityNumber of workers Number of Textbooks 0 0 10 20 20 36 30 48 40 56 50 60
Enter DNE for Does Not Exist, oo for Infinity
Given this data, complete the table:
Number of workers Number of Textbooks 0 0 10 150 20 270 30 360 40 420 50 450
Quantity of Textbooks
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