Tom leases a farmer’s field and grows pineapples. Tom hires students to pick and pack the pineapples. Table 1 sets out Tom’s total product schedule.

1. Calculate the marginal product of the third student and the average product of three students.

2. Over what range of numbers of students does marginal product increase?

3. When marginal product increases, is average product greater than, less than, or equal to marginal product?

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TABLE 1 Labor (students) 0 4567 WNIO 1 2 3 Total product (pineapples per day) 0 100 220 300 360 400 420 430