Question: Complete the table below for Bannister Inc. Round your answers to 2 decimal places. Average Product Number of workers 1 2 3 4 5

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

Complete the table below for Bannister Inc. Round your answers to 2 decimal places. Average Product Number of workers 1 2 3 4 5 6 7 Total Product workers 2 6 12 workers 19 units 21 2 3 4.00 3.8 3 Marginal Product b. How many workers are being used when the point of diminishing returns is first apparent? d. What is the most productive output? 4 1 c. How many workers are being used when total product is at a maximum? 2 Complete the table below for Bannister Inc. Round your answers to 2 decimal places. Average Product Number of workers 1 2 3 4 5 6 7 Total Product workers 2 6 12 workers 19 units 21 2 3 4.00 3.8 3 Marginal Product b. How many workers are being used when the point of diminishing returns is first apparent? d. What is the most productive output? 4 1 c. How many workers are being used when total product is at a maximum? 2

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