Use the following table to answer the questions 1-5 Number of workers Total prod
ID: 1179122 • Letter: U
Question
Use the following table to answer the questions 1-5
Number of workers Total product
1 4
2 10
3 18
4 28
5 35
6 41
7 45
8 48
9 50
10 49
1) The marginal product of the sixth worker is:
2) The average product when 8 workers are employed is:
3) At what level of employment is the marginal product of labor 7?
4) If the average product is 6, then employment could equal:
5) Diminishing marginal productivity begins when:
Explanation / Answer
1. marginal product of the sixth worker is = 41-35 =6
2. average product when 8 workers are employed is:= (4+10+18+28+35+41+45+48)/8 =28.625
3.At 5th worker, marginal product of labor 7 (35-28=7)
4.employment could be 2
5. when 5th worker is added
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