Level of factor employment: 1 2 3 4 5 6
Marginal Physical Product: 20 22 18 16 14 6
Average Physical Product when 5 factors are employed is _______.

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Solution

The correct option is C 18
Total physical product at 5th level of output = 20+22+18+16+14
= 90
Average physical product at 5th level of output = 90/5
= 18

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Level of factor employment: 12 3 4 5 6 Marginal Physical Product: 2022 18 16 14 6 Average Physical Product when 5 factors are employed is _______.

The correct option is C 18Total physical product at 5th level of output = 20+22+18+16+14 = 90Average physical product at 5th level of output = 90/5 = 18

Level of factor employment: 1 2 3 4 5 6
Marginal Physical Product: 20 22 18 16 14 6
Average Physical Product when 5 factors are employed is _______.

The correct option is C 18
Total physical product at 5th level of output = 20+22+18+16+14
= 90
Average physical product at 5th level of output = 90/5
= 18