Question
Explain the evolution of money.
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| p | d1 | d2 |
| 1 2 3 4 5 6 | 9 8 7 6 5 4 | 24 20 18 16 14 12 |
Total Output (Units) | Total Cost (Rs) |
0 | 120 |
1 | 180 |
2 | 200 |
3 | 210 |
4 | 230 |
5 | 270 |
6 | 360 |
| Units of Labour | Average product | Marginal Product |
| (Units) | (Units) | |
| 1 | 8 | ……. |
| 2 | 10 | ……. |
| 3 | …… | 10 |
| 4 | 9 | ……. |
| 5 | …… | 4 |
| 6 | 7 | ……. |