Asked by Natasha De Freitas on Jun 19, 2024

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Refer to Figure 7.4. The average product with six workers is

A) -8.33.
B) -5.
C) 5.
D) 8.33.

Average Product

A metric that measures output per unit of a variable input, calculated by dividing total production by the quantity of the variable input.

  • Familiarize oneself with the notion of average product and the approach to determine it.
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JW
Jordyn WilliamsJun 24, 2024
Final Answer :
D
Explanation :
The average product is calculated by dividing the total product by the number of workers. Without the specific details from Figure 7.4, the correct answer cannot be determined from the information provided. However, given the options, if the question implies that the average product with six workers is a positive value, and assuming the calculation was done correctly in the context of the question, 8.33 would be a plausible result for an average product, indicating a positive output per worker.