Question 31
HardOriginal questionIn the graph, between 7 and 8 workers the TP curve is flat. At 8 workers, what is the average product?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
TP at 8 workers is 70.
AP = 70 ÷ 8 = 8.75. The flat stretch means MP = 0, but AP is still positive.
Worth noting
0 is the MP of the 8th worker; 10 is the AP at 7 workers.
- Concept
- AP where MP is zero
- Typical timeTypical
- 100 s
- Your timeYours
- —
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Ten questions from Production Function: TP, MP and AP, at your own pace.