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Question -

The following table gives the total product schedule of labour. Find the corresponding average product and marginal product schedules of labour.



Answer -


L

TPL

0

0

1

15

2

35

3

50

4

40

5

48

Answer

L

TPL  

         

        

0

0

−

−

1

15

15

15

2

35

17.5

20

3

50

16.67

15

4

40

10

− 10

5

48

9.6

 8

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