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Daily production for Pot-Works, a flowerpot maker, varies with the number of workers employed, as shown in the table below. a. Fill in the table.
Daily production for Pot-Works, a flowerpot maker, varies with the number of workers employed, as shown in the table below. a. Fill in the table. Include a minus sign (-) for any negative values entered below. (2) Labour Total Product (3) (4) Marginal Product | Average Product (workers per day) (pots per day) (pots per day) (pots per day) 15 2 42 3 78 4 84 b. In which employment range is marginal product rising? falling and positive? negative? Marginal product is rising when [(Click to select) V, and total product in this range is (Click to select) v. Marginal product is falling and positive when |(Glick to select) V. and total product in this range is [(Glick to select) Marginal product is negative when [(Click to select) V . and total product in this range is [(Glick to select) 7. c. Draw the total product curve on one set of axes and the average product and marginal product curves on the other set of axes below. In the left graph, use the tools provided to plot points for the total product curve at each employment level up to 5 workers, including the point (0, Ol, for a total of 6 points. In the right graph plot 5 points each for the average and marginal product puryves for a total of 10 points (exclude the origin point for both curves). Remember that marginal values such as marginal product are plotted halfway between the two relevant employment levels on the horizontal axis. Total Product for Pot-Works Tools Total Product Flowerpots Produced per Day Number of Workers Employed per Day
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