The students will need to have carried out the activity described in the Supply curve game – Teacher notes before you can attempt this task.
Please refer to Teacher notes to see how to use this resource.
Fill in the table below:
Cost of each worker = £10 | |||
---|---|---|---|
Labour input | Total product | Marginal product | Marginal cost |
0 | 0 |
0 |
0 |
1 | |||
2 | |||
3 | |||
4 | |||
5 | |||
6 |