A. 53
B. 86
C. 212
D. 213
Correct Answer:
Option A – 53
Explanation
Average product is found by dividing the total product by the quantity of the variable input.
The AP of the 4th unit of capital = 212/4 = 53
A. 53
B. 86
C. 212
D. 213
Correct Answer:
Option A – 53
Explanation
Average product is found by dividing the total product by the quantity of the variable input.
The AP of the 4th unit of capital = 212/4 = 53
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