Question

Give the table below
Labor total product Average Product Marginal
(TP) (AP) Product(MP)
0 0
1 10
2 25
3 45
4 60
5 70
6 70
7 60
8 44
Required
1. Complete the table above by computing AP and MP.
2. Plot in one graph TP, AP and MP. Label graph completely .
3. Indicate the stage of production with its corresponding boundaries.

Answer 1

the completed table