Get Started
Start Free Mocks
CUETMOCK

Ace Your

CUET Preparation Today

Start Free Mocks
Home Questions P6EWDMQY8B
Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:

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?

 

Options:

20

30

40

50

Correct Answer:

30

Explanation:

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

CUET Questions