Complete the table:Number of Workers per DayMovie Tickets Produced per Day Average Product Marginal Product Average Price of Movie Tickets Total Value Product Average Value Product Marginal Value Product Price of Worker per Day00 $10.00 $120.001227 $10.00 $120.00 2615 $10.00 $120.00 3935 $10.00 $120.00 41,185 $10.00 $120.00 51,427 $10.00 $120.00 61,631 $10.00 $120.00 71,788 $10.00 $120.00 81,800 $10.00 $120.00 91,800 $10.00 $120.00 101,789 $10.00 $120.00 111,757 $10.00 $120.00 121,679 $10.00 $120.00

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Complete the table: Number of Workers per Day Movie Tickets Produced per Day Average Product Marginal Product Average Price of Movie Tickets Total Value Product Average Value Product Marginal Value Product Price of Worker per Day

Complete the table: Number of Workers per Day Movie Tickets Produced per Day Average Product Marginal Product Average Price of Movie Tickets Total Value Product Average Value Product Marginal Value Product Price of Worker per Day

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Labor Markets

Section: Chapter Questions

Problem 1SQ

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Question

Complete the table:

Number of Workers per Day	Movie Tickets Produced per Day	Average Product	Marginal Product	Average Price of Movie Tickets	Total Value Product	Average Value Product	Marginal Value Product	Price of Worker per Day
0	0			$10.00				$120.00
1	227			$10.00				$120.00

2	615			$10.00				$120.00

3	935			$10.00				$120.00

4	1,185			$10.00				$120.00

5	1,427			$10.00				$120.00

6	1,631			$10.00				$120.00

7	1,788			$10.00				$120.00

8	1,800			$10.00				$120.00

9	1,800			$10.00				$120.00

10	1,789			$10.00				$120.00

11	1,757			$10.00				$120.00

12	1,679			$10.00				$120.00

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