What is the marginal return of the first chapter

Assignment Help Mathematics

Reference no: EM131181664

The production relationship between the number of chapters that Tiffany studies in her history book (the variable input) and the number of points that she will earn on a history exam (the output) is as follows:

a. Using graph paper or a computer spreadsheet or presentation program, graph the total product curve for exam points. Label clearly.

b. What is the marginal return of the first chapter that Tiffany reads? And what is the marginal return of the third chapter that she reads?

c. How would you describe, in words, this pattern of returns?

Reference no: EM131181664

Questions Cloud

What is the marginal cost of the eighth pair of mittens : Create a table relating the number of hours worked to the total number of pairs of mittens produced, and graph the total product curve for the production of pairs of mittens. Label clearly.

Data communication information : Present an of the origin and of the concept. Describe the use of and toward the concept. Explain the strengths disadvantages) of the concept. Describe the prevailing view of about the likely future of the concept. Research and cite at least six (6..

Interview the director of the placement office : Interview the director of the placement office for your college.- Ask about the extent to which small companies use the offices services, and obtain the directors recommendations for improving college recruiting by small firms.

Article critique-expectation biases in gymnastics judging : Select any one article and critique- This assignment requires you to outline (and somewhat critique) a journal article based on a topic in sport and exercise psychology

What is the marginal return of the first chapter : Using graph paper or a computer spreadsheet or presentation program, graph the total product curve for exam points. Label clearly.

Evaluate the helpwanted section of a local newspaper : Examine and evaluate the helpwanted section of a local newspaper.- Summarize your conclusions and formulate some generalizations about small business advertising for personnel.

Calculate the marginal cost schedule for the firm in a table : If the price of gizmos on the market is $175 each, how many gizmos should the firm produce to maximize profits? What is the level of the firm's revenues at its chosen output level? How much does it make in profit?

Time management or general managerial ability : Is this founders problem one of time management or general managerial ability? Would it be feasible to engage a management consultant to help solve the firms problems?

What is the output level that maximizes profits : Suppose that bicycles sell for $200 each, and the firm is a price taker. Create a table showing the marginal cost, total cost, marginal revenue, total revenue (price × quantity), and total profit (total revenue - total cost) at each level of produ..

User Account

All Pages