Complete the Following Table by Filling in the Answers for Total

question 154

Essay

Complete the following table by filling in the answers for total product and average product. Round your answers to whole numbers. Then answer the two questions that follow the table.
​
$\begin{array}{|c|c|c|c|}\hline \text { Labor } & \text { Total Product } & \text { Marginal Product } & \text { Average Product } \\\hline 0 & 0 & - & - \\\hline 1 & & 100 & \\\hline 2 & & 80 & \\\hline 3 & & 70 & \\\hline 4 & & 60 & \\\hline 5 & & 40 & \\\hline 6 & & 30 & \\\hline 7 & & 10 & \\\hline 8 & & 5 & \\\hline 9 & & -1 & \\\hline 10 & & 4 & \\\hline\end{array}$ ​
When do diminishing marginal returns set in? _____ worker(s)
This firm should never hire more than _____ workers.

---

Definitions:

Daily Output

The total quantity of goods or services produced by a firm or an economy in a single day.

Bouquets

Arrangements of flowers that are typically presented as gifts or used for decoration.

Florist

A professional specializing in the art and trade of arranging, selling, and often growing flowers and ornamental plants.

Total Cost

The sum of all costs incurred by a firm in the production of goods or services, including both fixed and variable costs.