Hi All, Does anyone know how the solution to this question is reached? Please see below: Q13 Sept 21 Given the following data, at what levels of employment are the average physical product and marginal physical products of labour at a maximum? Labour Output (units per day) (units per day) 0 0 1 5 2 14 3 22 4 28 5 33 The correct answer is: Average physical product at 5 units of labour and marginal physical product at 4 units of labour. Yet I'm struggling to see how we arrive at this answer! Many thanks
Hi, Been through this paper recently. I believe the answer is actually B with Average physical product at 3 units of labour and marginal physical product at 2 units of labour. You may have misread?
