Weekly production for a potter varies with the number of workers employed, as shown in the table below. Number of workers 1 2 3 4 5 Total product (units of pots) Marginal product Average product 0 90 360 486 540 435 90 90 a. Enter the values of marginal product, when adding each worker, in the table above. Include a minus sign (-) when entering any negative values.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter13: Factor Markets: With Emphasis On The Labor Market
Section13.1: Factor Market
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Weekly production for a potter varles with the number of workers employed, as shown in the table below.
Number of
workers
1
2
3
4
5
Total product
(units of pots) Marginal product Average product
0
90
360
486
540
435
90
90
a. Enter the values of marginal product, when adding each worker, in the table above. Include a minus sign (-) when entering any negative
values.
Transcribed Image Text:Weekly production for a potter varles with the number of workers employed, as shown in the table below. Number of workers 1 2 3 4 5 Total product (units of pots) Marginal product Average product 0 90 360 486 540 435 90 90 a. Enter the values of marginal product, when adding each worker, in the table above. Include a minus sign (-) when entering any negative values.
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