A
AdeleBA
Member
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
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