question_answer

Answer the following questions. (i) The following table gives the Average Product of Labour. Find the Total Product (TP) and Marginal Product (MP). It is given that the Total Product is zero at zero level: labour employment.

Labour (L)	1	2	3	4	5	6
Average Product of Labour\[(A{{P}_{L}})\]	2	3	4	4.25	4	3.5

                                    (ii) Explain the law behind the behaviour of TP, MP and AP.                       

Answer:

\[T{{P}_{L}}\] =2, 6, 12, 17, 20, 21; \[M{{P}_{L}}\] =2, 4, 6, 5, 3, 1