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 | |||