Question 1 Report
The table below relates to the application of fertilizer to a fixed area of land and the production of maize. Use the table to answer the questions that follow.
Tones of fertilizer Applied | Total production in Bags | Marginal product |
0 | 1,000 | - |
1 | 1,100 | 100 |
2 | 1,250 | 150 |
3 | 1,500 | 250 |
4 | - | 400 |
5 | - | 250 |
6 | - | 125 |
7 | 2,350 | - |
8 | 2,380 | - |
9 | 2,330 | - |
(a) What will be the total output of maize when no fertilizer is applied to the land?
(b) Calculate the total product after the application of the following quantities of fertilizer:
(i) 4 tonnes;
(ii) 5 tonnes;
(iii) 6 tonnes.
(c) Calculate the marginal product after the application of the following quantities of fertilizer:
(i) 7 tonnes;
(ii) 8 tonnes;
(iii) 9 tonnes.
(d) (i) After what level of the application of fertilizer does diminishing marginal returns occur?
(ii) After what level of fertilizer application will the total output decrease?