Number of Workers per Day	Concession Items Produced per Day		Average Product		Marginal Product		Average Price of Concession Items		Total Value Product		Average Value Product		Marginal Value Product		Price of Worker per Day
0	0						$8.00								$120.00
2	100						$8.00								$120.00
4	400						$8.00								$120.00
6	750						$8.00								$120.00
8	900						$8.00								$120.00
10	1,025						$8.00								$120.00
12	1,125						$8.00								$120.00
14	1,200						$8.00								$120.00
16	1,250						$8.00								$120.00
18	1,280						$8.00								$120.00
20	1,290						$8.00								$120.00
22	1,290						$8.00								$120.00
24	1,280						$8.00								$120.00

Questions: Use these questions to help you formulate your ideas for writing the Unit IV Essay.

Using the information from the table you completed, answer the following questions:

1. At what number of workers used per day does the law of diminishing marginal returns begin? How did you determine this number?

1. At what number of workers used per day does negative marginal returns begin? How did you determine this number?

1. What similarities do you see between the shape of the Average Product curve and the Average Value Product Curve?

1. What similarities do you see between the Marginal Product curve and the Marginal Value Product curve?

1. What is the optimal number of workers per day to use at the theater's concession stand to produce concession stand item sales? How did you determine this optimal number?