Please answer numbers 2-5. Pleaseeeee huhu no explanation needed, answer only. Promise I'll give good reviews, pleaseeeee. Labor Input (L) TPL APL MPL 1 7 2 18 9 11 3 30 10 12 4 44 11 14 62 12.4 18 6...


Please answer numbers 2-5. Pleaseeeee huhu no explanation needed, answer only. Promise I'll give good reviews, pleaseeeee.


Labor Input (L)<br>TPL<br>APL<br>MPL<br>1<br>7<br>2<br>18<br>9<br>11<br>3<br>30<br>10<br>12<br>4<br>44<br>11<br>14<br>62<br>12.4<br>18<br>6<br>78<br>13<br>16<br>7<br>88<br>12.57<br>10<br>8<br>94<br>11.75<br>10.44<br>94<br>10<br>92<br>9.2<br>-2<br>

Extracted text: Labor Input (L) TPL APL MPL 1 7 2 18 9 11 3 30 10 12 4 44 11 14 62 12.4 18 6 78 13 16 7 88 12.57 10 8 94 11.75 10.44 94 10 92 9.2 -2
2. What is the variable input use in this production?.<br>3. When MP is 0, TP is at<br>point of production at<br>level Q of Labor.<br>4. State the Law of Diminishing Return. Based on the computed MPL, at what<br>input level does the law starts to operate?<br>5. The Law of Diminishing Returns occurs at<br>worker.<br>

Extracted text: 2. What is the variable input use in this production?. 3. When MP is 0, TP is at point of production at level Q of Labor. 4. State the Law of Diminishing Return. Based on the computed MPL, at what input level does the law starts to operate? 5. The Law of Diminishing Returns occurs at worker.

Jun 09, 2022
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