Ch 12 FiguresFigure 12.1 Supersonic Econ’s Production Function The table and graph show Supersonic Econ’s production function --- the number of paper airplanes that can be made by varying the number of workers employed. In the graph, the relationship is shown by the line labelled TP for total product. In addition to workers, the company has fixed factors of production --- art studio space to work in and capital of one brush and one pair of scissors --- and variable factors of paper and paint. More airplanes are made when more workers are employed. When 6 workers are employed in combination with the other factors of production, they produce 9 airplanes. Number of WorkersQuantity of Airplanes00.0012.0026.2137.2847.9958.5369.0079.3889.72910.041010.330123456789101112012345678910WorkersAirplanesTPNumber ofQuantity of6 workers in a small workspace with a brush and scissors, paper and paintproduce 9 planes
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