Homework Answers
| Input of labour | Total product | Marginal product |
| 0 | 0 | -- |
| 1 | 30 | 30-0=30 |
| 2 | 68 | 68-30=38 |
| 3 | 110 | 110-68=42 |
| 4 | 140 | 140-110=30 |
| 5 | 135 | 135-140=-5 |
Answer= b. 3 workers
At 3 workers, marginal product is maximum at 42.
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Can you answer these questions?
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When the value of the marginal product reaches zero, then that point is also the place where O the total product curve is increasing the fastest. O the total product curve is at its minimum. O the total product curve is decreasing. the total product curve reaches its maximum point.
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