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NEEDED IN 20 MINS PLEASE AND THANK YOU Fill in the missing values in the following table. Draw one graph showing how total output increases
NEEDED IN 20 MINS PLEASE AND THANK YOU
Fill in the missing values in the following table. Draw one graph showing how total output increases with the quantity of workers hired, and another graph showing the marginal product of labor and the average product of labor.
Quantity of Workers Total Output Marginal Product of Labor Average Product of Labor
0 0
1 200
2 500
3 900
4 1,150
5 1,300
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