SELECT * FROM question_mgmt as q WHERE id=10269 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=60 AND chapterId=610 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 12th micro-economics Production and Costs the following table gives the total product schedu

Question:

The following table gives the total product schedule of labour. Find the corresponding average product and marginal product schedules of labour.

Answer:

 

L

TPL

(Units) 

0

0

1

15

2

35

3

50

4

40

5

48

 

L

TPL 

(units)

AP=ΔTPΔLAP=ΔTPΔL

 

MP=TPn−TPn−1MP=TPn−TPn−1

0

0

0

-

1

15

15.00

15

2

35

17.50

20

3

50

16.67

15

4

40

10.00

-10

5

48

9.60

-8

 


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