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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

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

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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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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