What is the average product of an input?

Question

Philoid · Accepted Answer

Average product means dividing the total product by total number of units of variable factors, it is also known as per unit product of a variable factor.

The mathematical expression for Average Product (AP) is –

AP = Total Product/Units of Variable Factor

Let's go through the following product schedule to understand it –

Number of Men

Total Product (units)

Average Product

1

2

3

4

5

6

7

8

30

80

120

150

170

150

120

30

40

37.5

34

28.3

21.4

15

The average product can never be zero.