-Refer to the above table. When the quantity of labor equals 3, what does the average product equal?
A) 21
B) 17
C) 63
D) 189

Name: -Refer to the above table. When the quantity of labor equals 3, what does the average product equal? A) 21 B) 17 C) 63 D) 189
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Question

-Refer to the above table. When the quantity of labor equals 3, what does the average product equal?
A) 21 
B) 17 
C) 63 
D) 189

Quizplus · Accepted Answer

The average product is calculated by dividing the total product by the quantity of labor. If the total product is 63 when the quantity of labor is 3, then the average product is 63/3 = 21.

-Refer to the Above Table