Emco Company Has an Assembly Line of Fixed Size A Output

question 7

Essay

Emco Company has an assembly line of fixed size A.Total output is a function of the number of workers (crew size)as shown in the following schedule: $\begin{array}{cc}\begin{array}{c}\text { Crew Size } \\\text { (No. of Workers) }\end{array} & \begin{array}{c}\text { Total Output } \\\text { (No. of Units) }\end{array} \\\hline 0 & 0 \\1 & 10 \\2 & 35 \\3 & 50 \\4 & 56 \\5 & 59 \\6 & 60 \\7 & 60 \\8 & 58\end{array}$ Determine the following schedules: (a) marginal productivity of labor
(b) average productivity of labor
(c) elasticity of production with respect to labor

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Definitions:

Psychosexual Stage

A concept in Freudian psychoanalytic theory referring to the series of five stages in childhood development, each characterized by the pleasure focus on a different part of the body.

Freud

Sigmund Freud was an Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Anally Fixated

a term from Freudian psychology referring to a stage of psychosexual development where there's a strong focus on activities related to the anus, such as retention or expulsion of feces, which can influence personality traits.

Anal Stage

The second stage in Freud’s psychosexual stages, occurring from about 18–36 months of age, in which the anus is the erogenous zone and toilet training is the source of conflict.