Complete the table below for Bannister Inc. Round your answers to 2 decimal places.

Number of workers	Total Product	Average Product	Marginal Product
1	2
2	6
3		4.00
4			4
5	19
6			2
7	21

b. How many workers are being used when the point of diminishing returns is first apparent? workers c. How many workers are being used when total product is at a maximum? workers d. What is the most productive output? units

The table below shows some of the costs of production for a the Clean-Cut Chain Saws manufacturing company:

a) Complete the table. Round your answers to nearest whole numbers.

Output	Total Cost	Total Variable Cost	Marginal Cost	Average Total Cost	Average Variable Cost	Average Fixed Cost
0	$ 1,860	$	/	/	/	/
1	2,960		$	$	$	$
2	3,750
3	4,250
4	4,600
5	4,850
6	5,100
7	5,600
8	6,200
9	7,500

b. What is the value of total fixed cost?

$ c. What is the most productive level of output?

units

d. At what output is economic capacity?

Output: units e. If TFC doubled, what is the marginal cost of the 8th unit?