The # of repairs produced by a computer repair shop depends on the number of workers as follows:
NUMBER OF WORKERS NUMBER OF REPAIRS
0 0
1 8
2 20
3 35
4 45
5 52
6 57
7 60
Over what range of labor input are there increasing returns to labor? diminishing returns to labor? negative returns to labor?
Over what range of labor input is marginal product greater than average product? What is happening to average product of employment increases over this range?
Over what range of labor input is marginal product smaller than average product. What is happening to average product as employment increases over this range?