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QUESTION 3 The following table shows the quantity of labour used at various levels of production in a firm. Quantity of Total Marginal Average Total

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QUESTION 3 The following table shows the quantity of labour used at various levels of production in a firm. Quantity of Total Marginal Average Total Marginal Average labor output product product of variable cost variable employed of labor labor cost cost 0 0 10 10 10.00 DO J G UI A W / N 22 12 11.00 36 14 12.00 48 12 12.00 58 10 11.60 66 8 11.00 72 6 10.28 76 4 9.50 78 2 10 8.66 78 0 7.80 a. Calculate the average production and marginal production at each level of labour. b. Using graph paper, draw the total production, average production and marginal production curves for each level of labour

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