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Total product curve plotted with the below data

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Once you have the total product curve plotted with the below data, how do you calculate the average product of labor at different units of labor? And the marginal products of labor?

  • 1 unit of labor=2 outputs per week
  • 2 units of labor=6 output per week
  • 3 units of labor=12 output per week
  • 4 units of labor=20 output per week
  • 5 units of labor=30 output per week
  • 6 units of labor=42 output per week
  • 7 units of labor=52 output per week
  • 8 units of labor=60 output per week
  • 9 units of labor=66 output per week
  • 10 units of labor=70 output per week

Reference no: EM132130745

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