Question: Fill in the gaps in the table below. ( Enter your responses rounded to two decimal places. ) Part 2 Quantity of Variable Input Total

Fill in the gaps in the table below.
(Enter
your responses rounded to two decimal
places.)
Part 2
Quantity of
Variable
Input
Total
Output
Marginal
Product of
Variable Input
Average Product
of Variable
Input
0
0
--
--
1
250250
250250
250250
2
enter your response here
enter your response here
325325
3
enter your response here
350350
333.33333.33
4
1 comma 3001,300
enter your response here
enter your response here
5
enter your response here
280280
enter your response here
6
1 comma 5521,552
negative 2828
258.67258.67
B.
At the point where average product begins to decline, marginal product is greater than average product. Since total product continues to increase, it may still be advantageous to hire another worker.
C.
At the point where average product begins to decline, marginal product is equal to average product. Since total product begins to decrease at this point, it is not advantageous to hire another worker.
D.
At the point where average product begins to decline, marginal product is greater than average product. Since total product begins to decrease at this point, it is not advantageous to hire another worker. Fill in the gaps in the table below. (Enter your responses rounded to two decimal places.)
Fill in the gaps in the table below. ( Enter your

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