Show all the formulas and calculations plz 4 Average product
Show all the formulas and calculations plz
4) Average product (APu) of 10 workers in a cigarette factory is 15 cartons per day. Marginal 0th worker is 6 cartons per day. What product (MPL) or the marginal contribution of the 1 would be the average productivity (APt) of initial 9 workers if 10h worker were not there in the factory? Solution
AP of 10 labor= 15
TP = AP× number of labor
Hence, TP= 15×10=150 cartons
MP of 10th labor= 6 cartons
AP of 9 labor= 150-6/9
=16
