Question

Frosty Cola’s chief operating officer is very interested in finding out about the average productivity of the company’s workers. Institutional research has given you the following information:

                        Labor                           Output (bottles)                      

                        ============================

                        0                                             0

                        1                                  20,000

                        2                                  50,000

                        3                                  95,000

                        4                                  150,000

                        5                                  210,000

                        6                                  250,000

                        7                                  280,000

                        8                                  300,000

                        9                                  305,000

                        10                                306,000

                        11                                303,000

Specifically, he’s interested in knowing all of the per worker output for every employee that is operating in the area of diminishing marginal returns. (Please show work)

Answer 1