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Total Product

First unit of...

Question

First unit of labour gives us 10 units of output. The second unit of labour gives us 15 units of output. Total Product is

A

5

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B

10

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C

15

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D

25

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Solution

The correct option is D 25
Total Product is the sum total of output produced by all unites of the variable factor.

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Similar questions

Q. If one unit of labour and one unit of capital give 200 units of output, two units of labour and two units of capital give 400 units of output and 5 units of labour and five units of capital give 1000 units of output then this is a case of _____________________.

4 units of labour produce 100 units of output and 5 units of labour produce 120 units of output. Calculate MPP of labour.

Q. If 1 unit of L gives 10 units of output and 2 units of L give 30 units of output, the Marginal Product of the second unit of L is .

Labour (Units)	Total Output (Tonnes)	Average Output (Tonnes)	Marginal Output (Tonnes)
1	8	8	.......
2	20	......	12
3	36	12	.......
4	.....	12	12
5	55	.....	7
6	60	......	5
7	.......	.....	0

Average output at

6^{t h}

Labour (Units)	Total Output (Tonnes)	Average Output (Tonnes)	Marginal Output (Tonnes)
1	8	8	.......
2	20	......	12
3	36	12	.......
4	.....	12	12
5	55	.....	7
6	60	......	5
7	.......	.....	0

Marginal output at

1^{s t}

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