Table 11.2.1

-Refer to Table 11.2.1 which gives Tania's total product schedule. The average product when the firm hires two workers is
A)3 teapots per worker.
B)6 teapots per worker.
C)7 teapots per worker.
D)9 teapots per worker.
E)12 teapots per worker.

Question

Table 11.2.1
 
-Refer to Table 11.2.1 which gives Tania's total product schedule. The average product when the firm hires two workers is
A)3 teapots per worker. 
B)6 teapots per worker. 
C)7 teapots per worker. 
D)9 teapots per worker. 
E)12 teapots per worker.

Quizplus · Accepted Answer

The average product is calculated by dividing the total product by the number of workers. If the total product with two workers is 12 teapots, then the average product is 12 teapots / 2 workers = 6 teapots per worker.

Table 11.2.1 -Refer to Table 11.2.1 Which Gives Tania's Total Product Schedule