If ap of one unit of a variable factor is 12 units and that of variable factor is 16 unit what will be the marginal product of second unit of the variable factor
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Answer:
3 units ,4 units,8 units,16 units.
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The ap is as follows:
Explanation:
- 3 units, 4 units, 8 units, and 16 units are available.
- Variable factors are those that change in response to output, implying that more people are employed when output rises and fewer are employed when output falls.
- Labor, energy, and raw materials directly employed in production are examples of typical variable components.
- The disparities between every two successive terms in an arithmetic progression (AP) are the same.
- The sequence 2, 6, 10, 14,..., for example, is an arithmetic progression (AP) because each number is obtained by adding 4 to the previous term. The nth phrase in this series is 4n-2.
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