when total product is 100 units and units of variable factor are 4, average product will be:
25
400
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104
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When total product is 100 units and units of variable factor are 4, average product will be .a)25
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25
Explanation:
Given: Total Product (TP) = 100 units ; No. of variable factor = 4
The Total Product is the sum of all output produced by all employed workers.
The average product is defined as the output per unit of the variable factor. It's also known as the average return.
Average product (AP) = = = 25
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