Solved

A Firm Produces 200 Units of Commodity X by Employing

Question 9

Multiple Choice

A firm produces 200 units of commodity X by employing 10 workers and 240 units of the same commodity by employing 12 workers. Then the Average Product of the worker is --------


A) 200
B) 240
C) 20
D) 40

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Let a firm employs 5 labourers and

Q3: The law of Diminishing returns is applicable

Q4: Production is said to be efficient when:<br>A)The

Q5: Economies of scale refers to:<br>A)Advantages resulting from

Q6: Economics is a social science because<br>A)The central

Q7: The wants of the people are<br>A)Limited<br>B)Satiable<br>C)Unlimited<br>D)All of

Q8: Which one of the following is an

Q10: The subject matter of economics is concerned

Q11: Production function expresses<br>A)The relationship between input and

Q12: Marginal product of a factor is<br>A)The additional