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Class 12
Micro Economics
Production and Costs
the following table gives the marginal product sch...

Question:
The following table gives the marginal product schedule of labour. It is also given that the total product of labour is zero at zero level of employment. Calculate the total and average product schedules of labour.

Answer:

Q (units)	TC (Rs )	TFC = TC - TVC 10 = 10 - 0 (Rs)		TVC = TC - TFC (Rs)	(Rs)	(Rs)		SAC = AFC + A VC (Rs)		SMC = TCn - TCn - 1 (Rs)
0	10	10	10 - 10 = 0		-	-		-		-
1	30	10			30 - 10 = 20		20 + 10 = 30		30 - 10 = 2 0
2	45	10			45 - 10 = 35		17.5 + 5 = 22.5		45 - 30 = 1 5
3	55	10			55 - 10 = 45		15 + 3.33 = 18.33		55 - 45 = 1 0
4	70	10			70 - 10 = 60		15 + 2.5 = 17.5		70 - 55 = 1 5
5	90	10			90 - 10 = 80		16 + 2 = 18		90 - 70 = 2 0
6	120	10			120 - 10 = 11 0		18.33 + 1.66 = 1 9.99		120 - 90 = 30

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Question:
The following table gives the marginal product schedule of labour. It is also given that the total product of labour is zero at zero level of employment. Calculate the total and average product schedules of labour.

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Question: The following table gives the marginal product schedule of labour. It is also given that the total product of labour is zero at zero level of employment. Calculate the total and average product schedules of labour.

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Question:
The following table gives the marginal product schedule of labour. It is also given that the total product of labour is zero at zero level of employment. Calculate the total and average product schedules of labour.