Calculate the marginal product of labor and draw the marginal product curve.
The table sets out Sue’s Surfboards’ total product schedule.
Labor Output
(workers (surfboards
per week) per week)
1 …………………….. 30
2 …………………….. 70
3 ……………………..120
4 ……………………..160
5 ……………………..190
6 ……………………..210
7 ……………………..220