ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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**Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily filled in sequentially.**

**Instructions:** Enter your answers as a whole number. If you are entering any numbers in thousands, such as "1000," do not use a comma separator in your answer.

| Labor | Total Output | Average Product | Marginal Product |
|-------|--------------|-----------------|-----------------|
| 0     | 0            | 0               | 0               |
| 10    | 1,000        | 100             | 100             |
| 20    | 4,000        | 200             | 300             |
| 30    | 9,000        | 300             | 500             |
| 40    | 16,000       | 400             |                 |
| 50    |              | 500             | 900             |
| 60    | 36,000       |                 |                 |

This table includes columns for Labor, Total Output, Average Product, and Marginal Product. You need to fill in the missing values for Total Output, Average Product, and Marginal Product based on the given data.
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Transcribed Image Text:**Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily filled in sequentially.** **Instructions:** Enter your answers as a whole number. If you are entering any numbers in thousands, such as "1000," do not use a comma separator in your answer. | Labor | Total Output | Average Product | Marginal Product | |-------|--------------|-----------------|-----------------| | 0 | 0 | 0 | 0 | | 10 | 1,000 | 100 | 100 | | 20 | 4,000 | 200 | 300 | | 30 | 9,000 | 300 | 500 | | 40 | 16,000 | 400 | | | 50 | | 500 | 900 | | 60 | 36,000 | | | This table includes columns for Labor, Total Output, Average Product, and Marginal Product. You need to fill in the missing values for Total Output, Average Product, and Marginal Product based on the given data.
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