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The table sets out Sue’s Surfboards’ total product schedule. Calculate the average product of labour and draw the average product curve.

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The table sets out Sue’s Surfboards’ total product schedule.

Calculate the average product of labour and draw the average product curve.

 

Answered Same Day Dec 27, 2021

Solution

David answered on Dec 27 2021
123 Votes
The average product of labour, APL, is defined as the Total Product per unit of labour of labour. That
is, APL = output/ labour input = Q/L
Geometrically, for any quantity of labour input, APL is the slope of the line drawn from the origin to
the relevant point on the...
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