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Chapter 4: Theory of Production 2. The table shows the total product, marginal product and average product for Syarikat Terus Maju Son. Bhd. Number of
Chapter 4: Theory of Production 2. The table shows the total product, marginal product and average product for Syarikat Terus Maju Son. Bhd. Number of Total Product Marginal Product Average Product (AP) workers (Unit) (MP) 0 0 8 20 38 48 56 60 60 56 50 a. Fill in the Marginal product (MP) and Average product (AP) column. (5 points) b. Diminishing returns start to set in with the worker. (1 point) C. Negative returns set in with worker. (1 point) d. At what stage will a rational producer choose to operate? Why? (3 points)
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