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1. The following table shows the average productivity of a team of painters hired to paint a large shopping center. What is the marginal product

1. The following table shows the average productivity of a team of painters hired to paint a large shopping center. What is the marginal product of labor for the second painter?

Number of PaintersAverage Productivity
14
26
37
47.5
57.75
69

a) 2

b) 3

c) 6

d) 8

e) 10

2. A company hires workers to develop phone apps. The following table shows the marginal productivity of each worker. What is the total product of employing the third worker?

Number of WorkersMarginal Product
18
29
310
410.5
59.75
69.5

a) 1

b) 9

c) 10

d) 27

e) 30

3. Use the graph to answer the question. The shift from MC1to MC2could be explained by

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
\f10 9 8 Long Run Average Total Costs 6 A D Cost B C 1 2 3 4 5 6 7 8 Output 9 1010 9 8 Long Run Average Total Costs 6 A D Cost B C 1 2 3 4 5 6 7 8 Output 9 10

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