Complete the following table.
| Units of Labour | 1 | 2 | 3 | 4 | 5 | 6 |
| Average Product (units) | 8 | 10 | A | 9 | B | 7 |
| Marginal product (Units) | - | C | 10 | D | 4 | - |
| Total Product (units) | - | - | E | - | - | - |
What will come in place of E?
Answer & explanation
Correct answer: option 2
The correct answer is option 2: 30
Step 1: Given Information
- A = 10 (AP at 3 units of labour)
Step 2: Calculate E (TP at 3 units)
E=TP3=AP3×Labour3
E = 10*3 = 30
| Units of Labour | 1 | 2 | 3 | 4 | 5 | 6 |
| Average Product (units) | 8 | 10 | 10 | 9 | 8 | 7 |
| Marginal product (Units) | 8 | 12 | 10 | 6 | 4 | 2 |
| Total Product (units) | 8 | 20 | 30 | 36 | 40 | 42 |