(a) The data in the table below represents possible daily output of a furniture firm for various combination of the variable input (labour) with the two fixed inputs (land and

(a) The data in the table below represents possible daily output of a furniture firm for various combination of the variable input (labour) with the two fixed inputs (land and capital). Units of the Units of the Total Marginal Average
Variable Input Fixed Input Product Product Product
(labour) (Land & (TP) (MP) (AP)
Capital)
0 2 O
1 2
2 2
3 2 15
4 2 25
5 2 40
6 2 50
7 2 58
8 2 63
9 2 65
10 2 66 (i) Complete the above table by calculation the Marginal Product and Average Product corresponding to each number of workers. (ii) Does the marginal product of labour increase, decrease, or not change for between 0 and 5 workers? (iii) Does the marginal product of labour increase, decrease, or not change for more than 5 workers?

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