The average product of labor ( $$A P _ { L }$$ )is the equal to

Question

Quizplus · Accepted Answer

The average product of labor (APL) is calculated by dividing the total amount of output produced (Q) by the quantity of labor employed (L). Therefore, option D is the correct choice. Option A is incorrect because it only divides the number of labor employed with total output. Option B is incorrect because it divides the total amount of output produced with the price of the output, which is not relevant to APL. Option C is incorrect because it does not take into account the input of labor in the production process.

The Average Product of Labor APLA P _ { L }APL​

The Average Product of Labor $A P _ { L }$