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in Economics by (69.6k points)

Calculate the APPs and MPPs of a factor from the following table.

Level of factor employment TPP
0 0
1 5
2 12
3 20
4 28
5 35
6 40
7 42

1 Answer

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Level of factor employment TPP APP MPP
0 0
1 5 5 5
2 12 6 7
20 6.6
4 28 7 8
5  35 7 7
6 40 6.6 5
7 42 6 2

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