We are in a short period, work is therefore the only variable production factor. Theproduction function is therefore only a function of work Q = f(L)The following table gives us the level of production achieved according to the numberof work units used.110Unités de travail012345678910Unités de production0204065799098103103102971. Calculate total, average and marginal productivities. Doa painting.2. Plot, on the same graph, the total productivity curves,average and marginal. Comment.

Total product is the total output produced by a firm using the factors of production. The average…

We are in a short period, work is therefore the only variable production factor. The production function is therefore only a function of work Q = f(L) The following table gives us the level of production achieved according to the number of work units used. m Unités de travail Unités de production 0 1 2 3 4 5 6 7 8 9 10 0 20 40 65 79 90 98 103 103 102 97 1. Calculate total, average and marginal productivities. Do a painting. 2. Plot, on the same graph, the total productivity curves, average and marginal. Comment.

We are in a short period, work is therefore the only variable production factor. The production function is therefore only a function of work Q = f(L) The following table gives us the level of production achieved according to the number of work units used. m Unités de travail Unités de production 0 1 2 3 4 5 6 7 8 9 10 0 20 40 65 79 90 98 103 103 102 97 1. Calculate total, average and marginal productivities. Do a painting. 2. Plot, on the same graph, the total productivity curves, average and marginal. Comment.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter9: Production Functions

Section: Chapter Questions

Problem 9.8P

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