Question: past question Case A 140 Shift 3 120 100 Shift 2 80 Gross Output 60 40 Shift 1 20 Daily Employment Case B 140 120

past question

Case A 140 Shift 3 120 100 Shift 2 80 Gross Output 60 40 Shift 1 20 Daily Employment Case B 140 120 100 80 Gross Output per Hour 20 Shift 1 Shift 2 Shift 3 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Daily Labor Hours Explain the curves in Case A and Case B. Why are they different from the gross output curves depicted in the neoclassical literature for perfectly competitive firms? Why are the curves in Case A and Case B different? 6 Marks January 2022 Microeconomics Il ECONTIS3 Page 6 of 10 Approved d) Explain the shape of average product of labour (APL) and marginal product of labour (MPL) curves for the enterprise in Case B (in question 4-c) depicted in Shaikh

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