# AP is output per unit of ______ factor. • Average Product is output pe

| AP is output per unit of ______ factor.

A. variable

B. total

C. fixed

D. marginal

### Right Answer is: A

#### SOLUTION

• **Average Product is output per unit of variable factor.**

• It is obtained by dividing TP by units of variable factor.

• Hence, Average Product (AP) = Total Product (TP) / Units of Variable factor

• Total Product (TP) = Average Product (AP) *Units of Variable Factor

• For example, if Total Product (TP) is 100 kg of wheat, produced by 20

men then average product will be 100 /20 = 5 kg.

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