Sunday, May 12, 2013

Production Exercise Table 1




Complete the following table:

Quantity of Variable Input
Total Output
Marginal Product of Variable Input
Average Product of Variable Input
0
0
_____
_____
1
100
_____
_____
2
190
_____
_____
3
270
_____
_____
4
330
_____
_____
5
360
_____
_____
6
380
_____
_____

4 comments:

  1. QVI - TO - MVPI - AVPI
    0 0 0 0
    1 100 100 100
    2 190 90 95
    3 270 80 90
    4 330 60 82.5
    5 360 30 72
    6 380 20 63.3

    ReplyDelete
  2. Marginal product=total output1-total output0
    average product of variable input= total output/quantity of variable input
    marginal product of variable input:
    0-0=0
    100-0=100
    190-100=90
    270-190=80
    330-270=60
    360-330=30
    380-360-20

    average product of variable input:
    0:0=0
    100:1=100
    190:2=95
    270:3=90
    330:4=82,5
    360:5=72
    380:6=63,3

    thank you sir :)

    ReplyDelete
  3. QVI MPVI APVI
    0 - -
    1 100 100
    2 90 95
    3 80 90
    4 60 82.5
    5 30 72
    6 20 63.33

    ReplyDelete
  4. ANSWER:

    QVI - TO - MVPI - AVPI
    0 0 0 0
    1 100 100 100
    2 190 90 95
    3 270 80 90
    4 330 60 82.5
    5 360 30 72
    6 380 20 63.3

    ReplyDelete