What are the values for the winsome widget factory

Reference no: EM13205400

Consider the values in the following table for the Winsome Widget Factory.

A. Fill in the formula for MP and AP at the top of the column in the gray section within the table.
B. Fill in the missing values for MP and AP in the blue sections of the table.

Winsome Widget Factory
Quantity of Labor Total Output Marginal Product of Labor Average Product of Labor
0 0
1 600
2 1,100
3 1,500
4 1,950
5 2,250
6 2,300
7 2,275

Reference no: EM13205400

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