Question

Charlie’s Chocolates total product schedule is on the table. a.   Calculate the average product of labour (i.e.,...

  1. Charlie’s Chocolates total product schedule is on the table.

a.   Calculate the average product of labour (i.e., fill out the third column of the table)

b.   Calculate the marginal product of labour (i.e., fill out the fourth column of the table)

Labor
(workers per day)

Output
(boxes per day)

APL(boxes per day

MPL(boxes per day)

  1

     12

  2

24

  3

48

  4

84

  5

121

  6

192

  7

240

  8

276

  9

300

  10

312
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Answer #1

Answer :

a) Average product of labor (APL) = Total output / Number of labor. APL is shown by the following diagram's 3rd column.

b) Marginal product of labor (MPL) = Changes in output / Changes in labour. MPL is shown by the following diagram's 4th column.

Labor Output APL = Output /Labor MPL = Output / Labor
1 12 12/1 = 12 (12 - 0) / (1 - 0) = 12
2 24 24/2 = 12 (24 - 12)/(2 - 1) = 12
3 48 48/3 = 16 (48 - 24) / (3 - 2) = 24
4 84 84/4 = 21 (84 - 48) / (4 - 3) = 36
5 121 121/5 = 24.2 (121 - 84) / (5 - 4) = 37
6 192 192/6 = 32 (192 - 121) / (6 - 5) = 71
7 240 240/7 = 34.3 (240 - 192)/(7 - 6) = 48
8 276 276/8 = 34.5 (276 - 240) / (8 - 7) = 36
9 300 300/9 = 33.3 (300 - 276)/(9 - 8) = 24
10 312 312/10 = 31.2 (312 - 300)/(10 - 9) = 12
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