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5.The table below depicts the total product schedule of a firm whose only variable input is labor. Number of WorkersTotal Product (Quantity of Labor)(Level of
5.The table below depicts the total product schedule of a firm whose only variable input is labor.
Number of WorkersTotal Product
(Quantity of Labor)(Level of Output)
00
18
219
332
448
560
666
763
862
Using the information obtainable from this table, specify the value of the averageproduct of labor at the point of the intersectionbetween the marginal product of labor curve and the average product of labor curve.
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