Question

Table 6.1 Stages of Law of Variable Proportions Fixed factor Machine 1 1+ 1+ 1+ 1+ 1+ 1+ 1+ 1+ 1+ 1+ Variable factor labour 2 1 2 3 4 5 6 7 8 9 10 Total product in units 3 Average product in units 4 10 11 12 13 13.2 12.6 11.4 10.2 9.1 7.8 Marginal product in units 5
10 12 14 16 14 10 4 2 0 -4 Stages 10 22 36 52 66 76 80 Increasing Returns Decreasing Returns Negative Returns 82 78 82​

Answer 1

10 12

iwieifjjfjfitiiriiririririi44i4