The average product of labour equals
A)the slope of the total product curve.
B)the slope of the marginal product curve.
C)the increase in total product divided by the increase in labour employed.
D)total product divided by the quantity of labour employed.
E)the difference between the total product and the marginal product of labour.

Question

Quizplus · Accepted Answer

The average product of labour is calculated by dividing the total product by the quantity of labour employed. Therefore, option D is the correct choice.

The Average Product of Labour Equals