-The above table shows the short-run total product schedule for the campus book store. What is the average product (AP) of the 4th employee?
A) 58 books sold
B) 14.5 books sold
C) 18 books sold
D) 13.3 books sold

Question

-The above table shows the short-run total product schedule for the campus book store. What is the average product (AP) of the 4th employee?
A) 58 books sold 
B) 14.5 books sold 
C) 18 books sold 
D) 13.3 books sold

Quizplus · Accepted Answer

The average product (AP) is calculated by dividing the total product by the number of workers. In this case, the total product of the 4th employee is 72 books sold, and the number of workers is 4. Therefore, the AP of the 4th employee is 72 / 4 = 18 books sold.

-The Above Table Shows the Short-Run Total Product Schedule for the Campus