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

Number of workersNumber of Apples
00
160
2108
3144
4168
5180

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 Pineapples for an individual firm.

Number of workersNumber of Pineapples
00
10140
20252
30336
40392
50420

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 Textbooks for an individual firm operating in a perfectly competitive market. Suppose that the price of Textbooks is $1.

Number of workersNumber of Textbooks
00
10150
20270
30360
40420
50450
Given this data, complete the table:



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


Hint