The following table gives the MPP of a factor. It is also known that the TPP at zero level of labour is zero. Determine its TPP and APP schedules.
Units of labour123456EmploymentMPP50110150180180150
TPP50160310490670820APPt5080103.33122.5134136.67
The following table gives the APP of a factor, it is also known that the TPP at zero level of labour is zero. Determine its TPP and MPP schedule.
Units of labour12345APP5045403530
Calculate the APP and MPP of a factor from the following table of its TPP schedule :
Level of Factor01234567EmploymentTPP05122028354042
The following table gives the marginal product schedule of labour. It is given that total product of labour is zero at zero level of employment. Calculate the total and average product schedules of labour :
L123456MPL357531
The following table gives the marginal product schedule of labour. It is also given that total product of labour is zero at zero level of employment. Calculate the total and average product schedules of labour.
L
MPL
1
3
2
5
7
4
6