Home
Class 11
ECONOMICS
Calculate Average Product (AP) and Margi...

Calculate Average Product (AP) and Marginal Product (MP) :
`|{:("Variable Factor (units)",1,2,3,4,5,6),("TP (units)",8,16,24,29,29,25):}|`

Answer

Step by step text solution for Calculate Average Product (AP) and Marginal Product (MP) : |{:("Variable Factor (units)",1,2,3,4,5,6),("TP (units)",8,16,24,29,29,25):}| by ECONOMICS experts to help you in doubts & scoring excellent marks in Class 11 exams.

Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • PRODUCTION FUNCTION

    SANDEEP GARG|Exercise Long Answer Type Questions|12 Videos
  • PRODUCER'S EQUILIBRIUM

    SANDEEP GARG|Exercise Unsolved Practicals|12 Videos
  • REVENUE

    SANDEEP GARG|Exercise UNSOLVED PRACTICALS|21 Videos

Similar Questions

Explore conceptually related problems

Calculate Average Product (AP) and Marginal Product (MP): |{:("Variable Factors",0,1,2,3,4,6),("Total Product (TP)",0,8,20,28,28,25):}|

Calculate TP and AP : |{:("Variable Factor",1,2,3,4,5,6,7),("MP (in units)",24,20,16,12,8,0,-8):}|

Find out the values of TP and MP : |{:("Variable Factor",1,2,3,4,5),("AP (in units)",8,10,8,6,4):}|

The following table gives the marginal product schedule of labour. It is also given that total product of labour is zero at zero level of employment. Calculate the total and average product schedules of labour. |{:("Labour",1,2,3,4,5,6),("MP of labour (units)",3,5,7,5,3,1):}|

The following table gives the total product schedule of labour. Find the corresponding product and marginal product schedules of labour. |{:("Labour",0,1,2,3,4,5),("TP of labour (units)",0,15,35,50,40,48):}|

Identify the different output levels, which mark the three phases of the operation of the low of Variable Proportions, from the following table : |{:("Units of variable factor",0,1,2,3,4,5),("TP (in units)",0,8,20,28,28,20):}|

Calculate the MP of variable factor and indicate the various phases of Law of variable Proportions from the following schedule : |{:("Units of variable factor",0,1,2,3,4,5,6),("TP (in units)",0,50,110,150,180,180,150):}|

Find out the missing values from the following table : |{:("Variable Factor",0,1,2,3,4,5,6,7),("TP (in units)",-,-,-,-,25,-,-,-),("AP (in units)",-,5,-,-,-,-,-,-),("MP (in units)",-,-,8,4,-,5,0,-4):}|

From the following data of the cost of production of a firm, calculate (i) average fixed cost and (ii) average variable cost of producing 8 units: {:("Output",0,3,8),("TC (Rs)",80,104,152):}

From the table given below, calculate total revenue, average revenue and marginal revenue : {:("Units sold",, 3,,4,,5), ("Price (₹)",,10,,9,,8):}