ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Farmer Stella has a crop of hemp to be harvested. Picking the crop requires a fixed number of sacks and a variable number of workers. Table 1 represents the output
associated with different numbers of workers. Complete Table 1.
(Type your responses in the boxes indicated by the faint outline with broken-border lines. )
Table 1
Number of 1
workers
Total output 18
38
69
120
155
Marginal
Product
No fill
Average
product
2.
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Transcribed Image Text:Farmer Stella has a crop of hemp to be harvested. Picking the crop requires a fixed number of sacks and a variable number of workers. Table 1 represents the output associated with different numbers of workers. Complete Table 1. (Type your responses in the boxes indicated by the faint outline with broken-border lines. ) Table 1 Number of 1 workers Total output 18 38 69 120 155 Marginal Product No fill Average product 2.
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