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Business, 09.04.2020 15:55 SoccerHalo

Labor Input Total Product Marginal Product Average Product1 7 7 7.02 15 8 7.53 24 9 8.04 32 8 8.0 5 39 7 7.86 45 6 7.57 50 5 7.11.) Using the 4-point curved line drawingtool, draw the marginal product curve, and label this line'MP'.2.) Using the 4-point curved line drawingtool, draw the average product curve, and label this line'AP'.(For your control points, use 1,3, 4, and 7 units oflabor.)Carefully follow the instructions above, and only draw the required objects.

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Labor Input Total Product Marginal Product Average Product1 7 7 7.02 15 8 7.53 24 9 8.04 32 8 8.0 5...
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