Fill in the gaps in the table below. (Enter your responses rounded to two decimal places.) Quantity of Variable Total Input Output Marginal Product of Variable Input 0 0 1 250 250 Average Product of Variable Input 250 2 312.5 3 300 308.33 4 1,165 5 225 6 1,378.75 -11.25 229.79

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter11: Product Concepts, Branding, And Packaging
Section11.1: Gaga: Not Just A Lady
Problem 1VC
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Fill in the gaps in the table below. (Enter your responses rounded to two decimal places.)
Quantity of
Variable
Total
Input
Output
Marginal
Product of
Variable Input
0
0
1
250
250
Average Product
of Variable
Input
250
2
312.5
3
300
308.33
4
1,165
5
225
6
1,378.75
-11.25
229.79
Transcribed Image Text:Fill in the gaps in the table below. (Enter your responses rounded to two decimal places.) Quantity of Variable Total Input Output Marginal Product of Variable Input 0 0 1 250 250 Average Product of Variable Input 250 2 312.5 3 300 308.33 4 1,165 5 225 6 1,378.75 -11.25 229.79
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