Question: Use the numbers from problem 3.4 to draw one graph that shows how total output increases with the quantity of workers hired and a second

Use the numbers from problem 3.4 to draw one graph that shows how total output increases with the quantity of workers hired and a second graph that shows the marginal product of labor and the average product of labor.


Problem 3.4

Marginal Product of Average Product of Quantity of Workers Total Labor Output Labor 1 400 900 1,500 4 1,900 2,200 2,400

Marginal Product of Average Product of Quantity of Workers Total Labor Output Labor 1 400 900 1,500 4 1,900 2,200 2,400 2,300 3.

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