passwella.
Menu

JAMB Economics 2006 Question 47

Question 47

Theory of Production

Use the table below to answer questions 47 and 48.
Number of men: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
Total product (unit): 200 | 440 | 540 | 600 | 640 | 660 | 660 | 640
What is the average product when 3 men are employed?

  1. A.180 units
  2. B.100 units
  3. C.540 units
  4. D.120 units
Show the answer and explanation

Answer: A (180 units)

Explanation

Average product = total product ÷ number of men = 540 ÷ 3 = 180 units.