If 10 workers can produce 1,500 units of output and 11 workers can produce 1,600 units of output, then the average product of 11 workers is:Group of answer choices1,600 units.145.5 units.136.4 units.100 units.
Question
If 10 workers can produce 1,500 units of output and 11 workers can produce 1,600 units of output, then the average product of 11 workers is:Group of answer choices1,600 units.145.5 units.136.4 units.100 units.
Solution
The average product of labor (APL) is calculated by dividing the total product (TP) by the number of workers (L). In this case, the total product is 1,600 units and the number of workers is 11.
So, APL = TP / L = 1,600 units / 11 workers = 145.5 units.
Therefore, the average product of 11 workers is 145.5 units.
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