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Can it please be verify if it was good also need help with the question
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Can it please be verify if it was good also need help with the question
Can it please be verify if it was good
also need help with the question
7. Complete the following table by calculating marginal product and average product from the data given: Inputs of Labor 0 5678 A WNTO 1 2 3 4 Total Product 0 15 34 51 65 74 80 83 82 Marginal Product 0 15 19 17 14 1636 ܩ ܗ ܚ ܝܕ -1 Average Product 0 15 17 17 16.25 14.8 13.33 11.86 10.25 Explain why marginal product eventually declines and ultimately becomes negative. What bearing does the law of diminishing returns have on marginal costs? Be specific. "I
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7. Complete the following table by calculating marginal product and average product from the data given: Inputs of Labor 0 5678 A WNTO 1 2 3 4 Total Product 0 15 34 51 65 74 80 83 82 Marginal Product 0 15 19 17 14 1636 ܩ ܗ ܚ ܝܕ -1 Average Product 0 15 17 17 16.25 14.8 13.33 11.86 10.25 Explain why marginal product eventually declines and ultimately becomes negative. What bearing does the law of diminishing returns have on marginal costs? Be specific. "I