What is the average product of the first three hours of labour?(a) 60 (b) 80(c) 100 (d) 240

Hours of Labour Total Output Marginal Product0 – –1 100 1002 – 803 240 –14. What is the total output when 2 hours of labour are employed?(a) 80 (b) 100(c) 180 (d) 20015. What is the marginal product of the third hour of labour?(a) 60 (b) 80(c) 100 (d) 24016. What is the average product of the first three hours of labour?(a) 60 (b) 80(c) 100 (d) 240

Hours of Labour Total Output Marginal Product0 – –1 100 1002 – 803 240

Use the data in the table below to answer questions 1 through 3.Labor (hours) Output (units)0 010 10020 24030 36040 44050 500If the firm has fixed costs of $2,000 and labor costs are $8 per hour, what is the average total costs at 40 hours of labor (rounded to the nearest penny)?Answer here

9) A & B can do a piece of work in 72 days, B & C can do it in 120 days and A & C can do in in 90 days. In how many days all three together can do the work?

A task was timed for 60 cycles. It took an average of 1.32 minutes per cycle. The performance rating was 100 percent, and workday allowance is 6 percent. Determine each of the following. (Do not round intermediate calculations. Round the final answers to 2 decimal places.)        a.  Observed time minutes   b.  Normal time minutes   c.  Standard time minut