Make a table to complete AP and MP. Then, draw a suitable diagram to show the production theory in this case. Below is the table for the reference. Input X Input Y Total Product (TP/Q) Average Product (AP) Marginal Product (MP) 1 0 0 1 1 20 1 2 80 1 3 180 1 4 230 1 5 270 1 6 270 1 7 210
Make a table to complete AP and MP. Then, draw a suitable diagram to show the production theory in this case. Below is the table for the reference. Input X Input Y Total Product (TP/Q) Average Product (AP) Marginal Product (MP) 1 0 0 1 1 20 1 2 80 1 3 180 1 4 230 1 5 270 1 6 270 1 7 210
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Make a table to complete AP and MP.
Then, draw a suitable diagram to show the production theory in this case.
Below is the table for the reference.
|
Input X |
Input Y |
Total Product (TP/Q) |
Average Product (AP) |
Marginal Product (MP) |
|
1 |
0 |
0 |
|
|
|
1 |
1 |
20 |
|
|
|
1 |
2 |
80 |
|
|
|
1 |
3 |
180 |
|
|
|
1 |
4 |
230 |
|
|
|
1 |
5 |
270 |
|
|
|
1 |
6 |
270 |
|
|
|
1 |
7 |
210 |
|
|
Transcribed Image Text:Q2. The table 1 below is shown the production theory of labour for company D'LIMAU Sdn Bhd.
Input X
Input Y
Total Product
Average Product
(AP)
Marginal
Product (MP)
(TP/Q)
0
20
80
180
230
1
1
1
1
1
1
1
1
0
1
2
3
4
5
6
7
270
270
210
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