questions :

3. Adam's Recycle-Bicycle Shop builds bicycles out of recycled materials; its production function is shown in the accompanying table. Adam owns a small shop with four machines for taking recyclable materials and turning them into steel for bicycle frames and rubber for tires. He also uses up to ten workers. paint, seats, and wires in the production process. # of Workers Total product per month 0 200 500 700 800 850 875 890 900 WHO'U'l-LWHO a. What are Adam's xed inputs? What are his variable inputs? b. Using table and gures, calculate Adam's marginal product and plot his total product and marginal product curves. c. What principle explains why the marginal product per worker decline as the number of workers employed increases