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Question 21 Use the chart below to answer the question: Labor (input) Total Output 0 1 10 2 24 3 36 4 45 Question: What
Question 21 Use the chart below to answer the question: Labor (input) Total Output 0 1 10 2 24 3 36 4 45 Question: What is the average output of the 3 input of labor?Question 22 Use the chart below to answer the question: Labor (input) Total Output 0 0 1 10 2 24 3 36 4 45 Question: What is the marginal output of the 2nd unit of labor?Question 23 Use the chart below to answer the question: Labor (input) Total Output 0 1 10 2 24 3 36 4 45 Question: With which input can you first see the law of diminishing marginal returns? 0 4 O 2 0 3 O 1
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