Dominick Salvatore Schaums Outline of Microeconomics, 4th edition Schaums Outline Series 2006

134 THEORY OF PRODUCTION [CHAP. 6
6.11 From Table 6.10, (a) find the AP and the MP of labor and (b) plot the TP, the AP, and the MP of labor,
(c) Why is this graph different from Fig. 6-14?
Table 6.10
Land 2 2 2 2 2
Labor 1 2 3 4 5
TP Labor 15 26 33 38 41
(a) Table 6.11
Land Labor TP Labor AP Labor MP Labor
2 1 15 15 ...
2 2 26 13 11
2 3 33 11 7
2 4 38 9.5 5
2 5 41 8.2 3
(b)
See Fig. 6-15. The dashed curves in Fig. 6-15 are the functions of Problem 6.10 and are reproduced here for
ease of reference.
Fig. 6-15