Activity 2: My Production! Directions: Below is the production schedule for Output X with variable labor input. Compute the marginal product and average product in each labor input. Production Schedule for Output X with Variable Labor Input Quantity of Labor Total Marginal Average Input Product Product Product 1 10 10 2 22 44 11 3 37 12-33 4 55 13.75 5 69 13-8 6 77 12-83 7 80 11-43 8 81 10-12 9 81 10 9 8 80

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A: Introduction This concept is taken from the topic Cost of production.

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Q: 25 - Suppose that the firm's only variable input is labor. When 50 workers are used, the average…

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