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Byju's Answer
Standard XI
Economics
Total Costs in the Short Run
Hours of labo...
Question
Hours of labour worked output
Total output
1
300
2
355
3
400
4
390
Find the marginal output for 3 hours of labour.
A
50
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B
45
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C
-60
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D
65
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Solution
The correct option is
B
45
Hours of labour worked output
Total output
Marginal output
1
300
300
2
355
55
3
400
45
4
390
-10
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Similar questions
Q.
Hours of labour worked output
Total output
1
300
2
355
3
400
4
390
Find the marginal output when 2 hours of labour are deployed.
Q.
Hours of Labour
Total Output
Marginal Product
0
?
?
1
100
100
2
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80
3
240
?
What is the marginal product when
3
hours of labour are employed?
Q.
Hours of Labour
Total Output
Marginal Product
0
?
?
1
100
100
2
?
80
3
240
?
What is the total output when
2
hours of labour are employed?
Q.
If the number of hours for which a labourer works is x and y are his wages (in rupees) and y = 2x − 1, then draw the graph of work-wages equation. From the graph, find the wages of the labourer if he works for 6 hours.