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The data average productivity for each number of worker for a firm are given in the table below number of worker average productivity total product
The data average productivity for each number of worker for a firm are given in the table below
number of worker | average productivity | total product | marginal product |
1 | 6 | ||
2 | 8 | ||
3 | 10 | ||
4 | 12 | ||
5 | 11 | ||
6 | 10 |
a) Complete the table by calculating the Total Product of Labour and Marginal Product of Labour
corresponding to each number of workers.
b) At which number workers does the Law of Diminishing Marginal Returns start working and
why?
c) Differentiate between economies of scale and return to scales?
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