Need economics help with marginal increases

label Economics
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Dec 20th, 2015

Thank you for the opportunity to help you with your question! I am keeping it as detailed as possible, i expect you to come back again for more lessons :D

Marginal Product Table 

1200-0=1200

3600-1200=2400

10800-3600= 7200

12000-10800=1200


so the marginal return increased only for the second and third worker 

Average product:

1200/1=1200

3600/2=1800

10800/3=3600

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Dec 20th, 2015

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Dec 20th, 2015
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Dec 20th, 2015
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