15 The following gives the total product of labour Find the corresponding average product and marginal product L - Economics - Market Equilibrium

Question

15 The following gives the total product of labour Find the
corresponding average
product and marginal product
L ( 0, 1,2,3,4,5)
TP ( 0,15,35,50,40,48)

Nikhitha K K · Accepted Answer

Dear student,

L
TP L
AP = TP/L
MP = TPn - TP n-1

0
0
-
-

1
15
15
15

2
35
17 5
20

3
50
16 67
15

4
40
10
-10

5
48
9 6
8

Regards

L	TP _L	_{AP = TP/L}	MP = TPn - TP n-1
0	0	-	-
1	15	15	15
2	35	17.5	20
3	50	16.67	15
4	40	10	-10
5	48	9.6	8

15.The following gives the total product of labour. Find the corresponding average product and marginal product. L ( 0, 1,2,3,4,5) TP ( 0,15,35,50,40,48)

15.The following gives the total product of labour. Find the corresponding average
product and marginal product.
L ( 0, 1,2,3,4,5)
TP ( 0,15,35,50,40,48)