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How do you calculate averadge product? - Answers

Average product is calculated by dividing the total output produced by a firm by the number of units of a variable input used in the production process. The formula is: Average Product (AP) = Total Output (Q) / Quantity of Variable Input (L). This measure helps assess the efficiency of input usage in producing goods or services.



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How do you calculate averadge product? - Answers

https://math.answers.com/math-and-arithmetic/How_do_you_calculate_averadge_product

Average product is calculated by dividing the total output produced by a firm by the number of units of a variable input used in the production process. The formula is: Average Product (AP) = Total Output (Q) / Quantity of Variable Input (L). This measure helps assess the efficiency of input usage in producing goods or services.



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https://math.answers.com/math-and-arithmetic/How_do_you_calculate_averadge_product

How do you calculate averadge product? - Answers

Average product is calculated by dividing the total output produced by a firm by the number of units of a variable input used in the production process. The formula is: Average Product (AP) = Total Output (Q) / Quantity of Variable Input (L). This measure helps assess the efficiency of input usage in producing goods or services.

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      Average product is calculated by dividing the total output produced by a firm by the number of units of a variable input used in the production process. The formula is: Average Product (AP) = Total Output (Q) / Quantity of Variable Input (L). This measure helps assess the efficiency of input usage in producing goods or services.

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