Question

The following table gives the total product schedule of labour. Find the corresponding average product and marginal product schedules of labour. L 0 1 2 3 4 5 TPL 0 30 70 100 80 96​

Answer 1

Answer:

L. TPL. AP. MP.

$ap = \frac{tp}{l}$

$mp = |tpn| - |tpn - 1|$

0. 0. -. -

1. 30. 30. 30

2. 70. 35. 40

3. 100. 33.33. 30

4. 80. 20. -20

5. 96. 19.20 16