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a. Complete the following table by calculating marginal product and average product from the data given. Instructions: Enter your answers as whole numbers. b. The
a. Complete the following table by calculating marginal product and average product from the data given. Instructions: Enter your answers as whole numbers. b. The total product curve is shown on the left. Plot the marginal product and average product curves from the data in the table above. Instructions: (1) Use the tools provided 'AP' and 'MP' to draw the average product (AP) and marginal product (MP) curves. Locate the AP values to the nearest whole number. (2) To earn full credit for this graph, you must plot all required points (L =1, 2, 3, 4, 5, 6, 7, and 8) for each curve. Total Product CD Average and Marginal Product TP 20 E 15 'U 9 D. H (I) 5 g 10 a; g a _ '0 g E 5 ' a .5 9 '5\" 0 I I | I | I I I l O -5 123456789 012345678 Labor input Labor input Diminishing returns begin with the addition ofthe worker. Tools AP 0 MP
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