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Production Function: TP, MP and AP · Question 23 of 62

At how many units of labour is average product at its maximum?

Question 23

MediumOriginal question

Capital is fixed and labour is varied. The table shows total product.

Labour (units)123456789
Total product102439526066707063

At how many units of labour is average product at its maximum?

Options for question 23

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. AP: 10, 12, 13, 13, 12, 11, 10, 8.75, 7.

  2. The highest is 13, at both 3 and 4 units; at 4 units MP also equals 13, where MP crosses AP.

Concept
Maximum AP from a schedule
Typical time
70 s
Your time
—
The rule this testsTotal, marginal and average product
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