When Total product is 100 and units of variable factor are 4, average product will be:

CA Foundation · Business Economics · MTP · June 2024
When Total product is 100 and units of variable factor are 4, average product will be:
(A) A. 400
(B) B. 25
(C) C. 104
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 25

Topics: Theory of Production and Cost

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