From the table above, find the values of E and F respectively
-
27 and 1
- 68 and 12
- 28 and 5
- 12 and 19
The correct answer is: A
Explanation
To get the total product for E multiply unit of labour by the average product.
Thus we have 3 x 9 = 27
marginal product for F is gotten as change in the total product. Thus we have 28 - 27 = 1
| Unit of labor | Total product | Average product | Marginal product |
| 1 | 8 | 8 | - |
| 2 | 20 | 10 | 12 |
| 3 | 27 | 9 | 7 |
| 4 | 28 | 7 | 1 |
| 5 | 40 | 8 | 12 |