The following data shows how the number of repairs produced weekly by a computer repair shop depends on the number of technicians working at the shop. The shop charges $35 for repairs. For purposes of this problem, assume that all the other inputs (office space, telephone, utilities, tools, etc.) other than labor are fixed over the weekly time horizon of this problem.

Question 1

a. Calculate and enter the marginal product and the value of the marginal product in the table.

Number Number Marginal of of Value of the product workers repairs marginal product 0 0 7 7 2 18 3 35 4 47 5 56 6 62 7 67 8 70 9 68 10 61