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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 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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Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
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