When Total Product of labors (TPL) is maximized then: OA. Marginal product (MPL) is maximized O B. Average product (APL) is maximized OC. Marginal product (MPL) equals zero O D. Average product (APL) equals zero
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- How do we calculate marginal product?QUESTION 14 When Total Product of labors (TPL) is maximized then: A. Marginal product (MPL) is maximized B. Average product (APL) is maximized C. Marginal product (MPL) equals zero O D. Average product (APL) equals zeroQUESTION 4 When Total Product of labors (TPL) is maximized then: O Average product (APL) equals zero Marginal product (MPL) equals zero O Marginal product (MPL) is maximized O Average product (APL) is maximized
- Total product (meals per hour) 24 20 TP 16 12 2 Quantity of labor (workers) The figure shows the total product curve for the Fruit Bowl food truck. If the food truck increases production from 10 to 17 meals per hour, the marginal product is in the range where it and the marginal product is the average product. O A) increases; greater than B) decreases; greater than C) increases; is equal to D) does not change; is equal to O E) increases; less than 4.In the table below, marginal product becomes negative after employing the İnput of Labor (no. of workers Total Product (no. of tablets per week) 0. produced) 0. 30 68 110 4 140 135 O fourth worker. O third worker. O second worker. O fifth worker, 12 tv 123 5Consider this production function. Study hours 2. 4 10 11 12 14 15 or more 13 Grade 20 33 42 50 57 63 69 73 78 81 84 86 88 89 90 1007 90 - 80 70 60 S0 40 30 20 10 Hours of study per day Select one or more: a. The average product of labour is falling as hours of study increase. O b. The marginal product of labour is constant as hours of study increase. O c. The marginal product of labour is rising as hours of study increase. U d. The marginal product of labour is zero beyond 15 hours. Final grade 9-
- workers ouput marginal product total cost average total cost marginal cost 0 0 0 200 0 $0 1 20 20 300 $15 $5 2 50 30 400 $8 $3.33 3 90 40 500 $5.56 $2.50 4 120 30 600 $5 $3.33 5 140 20 700 $5 $5 6 150 10 800 $5.33 $10 7 155 5 900 $5.8 $20 can you explain diminishing marginal product based on these numbers?Pizza Hut Total product Labor (workers) (pizzas produced per hour) 0. 5. 3 12 4 14 15 Using the data in the above table, what is the marginal product of the second worker? O A. 4.5 pizzas per hour O B. 4 pizzas per hour OC 5 pizzas per hour O D. The marginal product is undefined.5. What is the average product of labor, given that the level of labor equals 10, total outout equals 1200 and the marginal product of labor equals 200?