Question
Complete the following table:
| Units of labour | Average Product (Units) | Marginal Product (Units) |
| 1 | 8 | - |
| 2 | 10 | - |
| 3 | - | 10 |
| 4 | 9 | - |
| 5 | - | 4 |
| 6 | 7 | - |
Solution
| Units of Labour | Average Product (units) (Total Product * units of labour) |
Marginal Product(units) (TPn- Tpn-1) |
Total Product(units) (Avg Pdt * units of labour) |
| 1 | 8 | - | 8 |
| 2 | 10 | 12(20 - 8) | 20 (10 x 2) |
| 3 | 10(30/3) | 10 | 30 (10+20) |
| 4 | 9 | 6 (36-30) | 36 (9 x 4) |
| 5 | 8(40/5) | 4 | 40 (36+4) |
| 6 | 7 | 2 (42 - 40) | 42 (7 x 6) |
