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emyleepatton emyleepatton
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5 years ago

Question 1.

Assume the total product of two workers is 110 and the total product of three workers is 120. The three worker's average product is ________ while the third worker's marginal product is ________.



▸ 40; 10

▸ 40; 20

▸ 50; 10

▸ 120; 110

Question 2.

Assume the total product of two workers is 160 and the total product of three workers is 180. The three worker's average product is ________ while the third worker's marginal product is ________.



▸ 20; 60

▸ 60; 20

▸ 20; 26.67

▸ 320; 540
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Nikki_LYNNNikki_LYNN
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emyleepatton Author
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#2
5 years ago
I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
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