Try another version of these questions The table below shows data for the production of Oranges for an individual firm. Given this data, what is the marginal product of labor when quantity increases from 1 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 Avocados for an individual firm. Given this data, what is marginal product of labor when quantity increases from 10 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 Oranges for an individual firm operating in a perfectly competitive market. Suppose that the price of Oranges is $8. 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 Oranges 0 0 1 150 2 270 3 360 4 420 5 450
Enter DNE for Does Not Exist, oo for InfinityNumber of workers Number of Avocados 0 0 10 90 20 162 30 216 40 252 50 270
Enter DNE for Does Not Exist, oo for Infinity
Given this data, complete the table:
Number of workers Number of Oranges 0 0 10 120 20 216 30 288 40 336 50 360
Quantity of Oranges
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