Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:
Case study: If by the use of one unit of labour, 2 quintals of wheat are produced and by the use of two units of labour, 5 quintals of wheat are produced.
What will be the Average Product of wheat?
Options:
1.5 quintal of wheat
2.5 quintal of wheat
3.5 quintal of wheat
4.5 quintal of wheat
Correct Answer:
2.5 quintal of wheat
Explanation:
AP= Total Product/Labour= 5/2=2.5 quintals