Capital Production System A

Labor(L) Labor(L)
A B C D APL MPL EL
1 9 6 0 0 1 9.00 9 -
2 38 18 9 0 2 19.00 29 1.85
3 51 55 38 24 3 17.00 13 0.73
4 62 96 88 69 4 15.50 11 0.68
5 69 117 128 138 5 13.80 7 0.48
6 70 127 160 180 6 11.67 1 0.08
7 70 132 186 210 7 10.00 0 0.00
8 70 133 206 235 8 8.75 0 0.00
9 70 133 211 245 9 7.78 0 0.00
10 70 133 211 250 10 7.00 0 0.00

Q4
MPL MRPL
Labor(L) Labor(L)
A B C D A B C
1 9 6 0 0 1 900 600 0
2 29 12 9 0 2 2900 1200 900
3 13 37 29 24 3 1300 3700 2900
4 11 41 50 45 4 1100 4100 5000
5 7 21 40 69 5 700 2100 4000
6 1 10 32 42 6 100 1000 3200
7 0 5 26 30 7 0 500 2600
8 0 1 20 25 8 0 100 2000
9 0 0 5 10 9 0 0 500
10 0 0 0 5 10 0 0 0

Labor De mand Curves for 4 Production System

W age s (100 0)

Labor Supply (MRCL) P. System A P.System B P.System C

Labor P.System D
 Labor De mand Curves for 4 Production System

W age s (100 0)
Labor Supply (MRCL) P. System A P.System B P.System C
Labor P.System D

Production System
Stage II
A B C D

Begins 2.5 5 8 8

Ends 7 8 10 11

Production Summary
A B C D
L 2.5 5 8 8
wL 4500 9000 14400 14400
TC 4500 10000 19400 22400
Q 56 117 206 235
TR 5600 11700 20600 23500
Profit 1100 1700 1200 1100
 Production System B Production System C
Labor(L) Labor(L)
APL MPL EL APL MPL EL
1 6.00 6 - 1 0.00 0 -
2 9.00 12 1.50 2 4.50 9 3.00
3 18.33 37 2.53 3 12.67 29 3.09
4 24.00 41 1.90 4 22.00 50 2.78
5 23.40 21 0.89 5 25.60 40 1.67
6 21.17 10 0.45 6 26.67 32 1.22
7 18.86 5 0.25 7 26.57 26 0.98
8 16.63 1 0.06 8 25.75 20 0.77
9 0 0.00 9 23.44 5 0.20
10 13.30 0 0.00 10 21.10 0 0.00

RPL Production System A

MRCl
D 80
0 1800
70
0 1800
Total Product/MPL/APL

2400 1800 60

4500 1800 50
6900 1800
40
4200 1800
3000 1800 30

2500 1800 20
1000 1800 10
500 1800
0
0 2 4 6 8 10 12

TP Labor
MPL APL

Production System B
140

120
Total Product/MPL/APL

100

80

60

40

20
Labor Demand Curves for 4 Production System
0
0 2 4 6 8 10 12

TP Labor
MPL APL

Labor S upply (MRCL) P. System A P.System B P.System C

P.System D
Labor Demand Curves for 4 Production System

Labor S upply (MRCL) P. System A P.System B P.System C

P.System D
 Production System D
Labor(L)
APL MPL EL
1 0.00 0 -
2 0.00 0 Infinit
3 8.00 24 5.00
4 17.25 45 3.39
5 27.60 69 3.00
6 30.00 42 1.45
7 30.00 30 1.00
8 29.38 25 0.84
9 27.22 10 0.35
10 25.00 5 0.19

Production System C
250

200
Total Product/MPL/APL

150

100

50

0
10 12 0 2 4 6 8 10 12

Labor

TP MPL APL

Production System D
300

250
Total Product/MPL/APL

200

150

100

50

10 12
0
0 2 4 6 8 10 12

TP Labor
MPL APL
50

0
0 2 4 6 8 10 12

TP Labor
MPL APL
 10 12

10 12
10 12
Labor(L) Output APL MPL MPRL MRCL TC TR
1 6 6 6 600 1000 9000 600
2 18 9 12 1200 1000 10000 1800
3 55 18.33333 37 3700 1000 11000 5500
4 96 24 41 4100 1000 12000 9600
5 117 23.4 21 2100 1000 13000 11700
6 127 21.16667 10 1000 1000 14000 12700
7 132 18.85714 5 500 1000 15000 13200
8 133 16.625 1 100 1000 16000 13300
9 133 14.77778 0 0 1000 17000 13300
10 133 13.3 0 0 1000 18000 13300
 Capital
Labor(L)
A B C D TR TC Profit TR
1 9 6 0 0 900 1800 -900 600
2 38 18 9 0 3800 3600 200 1800
3 51 55 38 24 5100 5400 -300 5500
4 62 96 88 69 6200 7200 -1000 9600
5 69 117 128 138 6900 9000 -2100 11700
6 70 127 160 180 7000 10800 -3800 12700
7 70 132 186 210 7000 12600 -5600 13200
8 70 133 206 235 7000 14400 -7400 13300
9 70 133 211 245 7000 16200 -9200 13300
10 70 133 211 250 7000 18000 -11000 13300
TC Profit TR TC Profit TR TC Profit
2800 -2200 0 6800 -6800 0 9800 -9800
4600 -2800 900 8600 -7700 0 11600 -11600
6400 -900 3800 10400 -6600 2400 13400 -11000
8200 1400 8800 12200 -3400 6900 15200 -8300
10000 1700 12800 14000 -1200 13800 17000 -3200
11800 900 16000 15800 200 18000 18800 -800
13600 -400 18600 17600 1000 21000 20600 400
15400 -2100 20600 19400 1200 23500 22400 1100
17200 -3900 21100 21200 -100 24500 24200 300
19000 -5700 21100 23000 -1900 25000 26000 -1000
 Production System A
Labor(L) APL MPL EL
1 9.0 - -
2 19.0 29.0 1.9
3 17.0 13.0 0.7
4 15.5 11.0 0.7
5 13.8 7.0 0.5
6 11.7 1.0 0.1
7 10.0 0.0 0.0
8 8.8 0.0 0.0
9 7.8 0.0 0.0
10 7.0 0.0 0.0

Production System B
Labor(L) APL MPL EL
1.0 6.0 - -
2.0 9.0 12.0 1.5
3.0 18.3 37.0 2.5
4.0 24.0 41.0 1.9
5.0 23.4 21.0 0.9
6.0 21.2 10.0 0.5
7.0 18.9 5.0 0.3
8.0 16.6 1.0 0.1
9.0 14.8 0.0 0.0
10.0 13.3 0.0 0.0

Production System C
Labor(L) APL MPL EL
1.0 0.0 - -
2.0 4.5 9.0 3.0
3.0 12.7 29.0 3.1
4.0 22.0 50.0 2.8
5.0 25.6 40.0 1.7
6.0 26.7 32.0 1.2
7.0 26.6 26.0 1.0
8.0 25.8 20.0 0.8
9.0 23.4 5.0 0.2
10.0 21.1 0.0 0.0

Production System D
Labor(L) APL MPL EL
1.0 0.0 - -
2.0 0.0 0.0 Infinit
3.0 8.0 24.0 5.0
4.0 17.3 45.0 3.4
 5.0 27.6 69.0 3.0
6.0 30.0 42.0 1.5
7.0 30.0 30.0 1.0
8.0 29.4 25.0 0.8
9.0 27.2 10.0 0.4
10.0 25.0 5.0 0.2