Law of Diminishing Returns

With the following information about variable input and output, answer the questions and prepare the requested graphs:

WORK (variable input) per week	PRODUCTION (output) per week	AVERAGE PRODUCT	MARGINAL PRODUCT
1	1
2	3
3	6
4	10
5	15
6	21
7	26
8	30
9	33
10	35
11	33

1. Construct the total product curve (Graph #1).
2. Calculate the average product and marginal product.
3. Plot the average product curve and the marginal product curve on a separate graph from No. 1. (Graph #2)
4. Identify the three stages of production according to the Law of Diminishing Returns in the table and Graphs #1 and #2.
5. Describe the relationship between the average and marginal products at production levels below 30 packages per week.
6. Describe the relationship between the average and marginal products at production levels above 30 packages per week. Trace the total product curve.