Question
AID! I have to make this table, answer the questions and make some graphs 1. Build the total product curve (atfica #1). Calculate the preaverage
AID! I have to make this table, answer the questions and make some graphs 1. Build the total product curve (atfica #1). Calculate the preaverage product and the marginal product.3. Plot the average product curve and the marginal product curve as a simple statistical model. 1. (arphic #2)4. Identify the three stages of production according to the Law of Diminishing Returns in the table and in graphs #1 and graph #2.5. Describe the relationship between average budget and marginal budget at production levels less than 30 packages per week.6. Describe the relationship between the average product and the marginal product at production levels greater than 30 packages per week. Draw the total product curve.
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