By inspecting the ap and mp curves can you tell if you have


The total product schedule for Primitive Products is given in the table below.

(a) Draw the total product function for this firm to scale, or by using a spreadsheet.

(b) Calculate the AP and draw the resulting relationship on a separate graph.

(c) Calculate the MP and draw the schedule on the same graph as the AP.

(d) By inspecting the AP and MP curves, can you tell if you have drawn them correctly? Why?

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Econometrics: By inspecting the ap and mp curves can you tell if you have
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