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

Number of workersNumber of Pineapples
00
160
2108
3144
4168
5180

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

 

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

Number of workersNumber of Oranges
00
10150
20270
30360
40420
50450

Given this data, what is marginal product of labor when quantity increases from 20 by ten units?

 

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 $3.

Given this data, complete the table:

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


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