Holding capital constant, when labor increases from 9 to 10 units, output increases from 191 to 209 units. The marginal produc

Question

3 years ago

8

Holding capital constant, when labor increases from 9 to 10 units, output increases from 191 to 209 units. The marginal produc

t of labor is 18 units, and when 10 units of labor are used, the average product of labor is 20.9 units. (Enter your responses as real numbers rounded to one decimal place.)

Business

1 answer:

Sophie [7] · Answer 1 · 2022-07-31T19:25:02+03:00

Sophie [7]3 years ago

6 0

Answer:

marginal product of n th worker =total output of n workers - total output of n-1 workers

MP(n)=TP(n)-TP(n-1)

MP(10)=209- 191

= 18

======

AP=TP/L

AP(10)=209/10=20.9 units

Explanation:

Holding capital​ constant, when labor increases from 9 to 10​ units, output increases from 191 to 209 units. The marginal produc

Holding capital constant, when labor increases from 9 to 10 units, output increases from 191 to 209 units. The marginal produc