Question

# The table below shows the quantity of workers and total output for a local pizza parlor....

The table below shows the quantity of workers and total output for a local pizza parlor. Answer the following questions based on this​ table:

 Quantity of workers Total Out put 0 0 1 3 2 3 17 4 22 5 26 6 24

a. When the owner hires 4​ workers, the average product of labor is nothing    pizzas. ​(Enter your response rounded to two decimal​ places

b the marginal product of the fifth worker is nothing    pizzas. ​(Enter your response as a whole​ number

c If the marginal product of the second worker is​ 6, then the total number of pizzas produced when 2 workers are hired is    nothing pizzas. ​(Enter your response as a whole​ number.)

d.  Assuming the marginal product of the second worker is​ 6, the law of diminishing marginal returns set in with the

A third worker hired.

B sixth worker hired

C fifth worker hired

D fourth worker hired

 Quantity of workers Total Output MP AP 0 0 1 3 3 3 2 9 6 4.5 3 17 8 5.67 4 22 5 5.5 5 26 4 5.2 6 24 -2 4

MP (nth unit) = Output (n units) - Output ((n-1) units)

AP = Q/L

a. When the owner hires 4​ workers, the average product of labor is 5.5 pizzas.

b the marginal product of the fifth worker is 4 pizzas.

c If the marginal product of the second worker is​ 6, then the total number of pizzas produced when 2 workers are hired is 9 pizzas.

d.  Assuming the marginal product of the second worker is​ 6, the law of diminishing marginal returns set in with the

D fourth worker hired (MP starts decreasing)

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