Emco Company Has an Assembly Line of Fixed Size A Output

Essay

Emco Company has an assembly line of fixed size A.Total output is a function of the number of workers (crew size)as shown in the following schedule: $\begin{array}{cc}\begin{array}{c}\text { Crew Size } \\\text { (No. of Workers) }\end{array} & \begin{array}{c}\text { Total Output } \\\text { (No. of Units) }\end{array} \\\hline 0 & 0 \\1 & 10 \\2 & 35 \\3 & 50 \\4 & 56 \\5 & 59 \\6 & 60 \\7 & 60 \\8 & 58\end{array}$ Determine the following schedules: (a) marginal productivity of labor
(b) average productivity of labor
(c) elasticity of production with respect to labor