Question

The table given below shows the total product schedule of labour. Determine the AP and MP of labour?

L	TPL
0	0
1	15
2	35
3	50
4	40
5	48

Answer 1

L	TPL	MP	AP= \({\frac{TP}{L}}\)
0	0	...	% = ....
1	15	15 - 0 = 15	\(\frac{15}{1}\) =15
2	35	35 -15 = 20	\(\frac{32}{2}\) = 17.5
3	550	50 - 35 = 15	\(\frac{35}{2}\) = 17.5
4	40	40 - 50 = -10	\(\frac{40}{2}\) = 10
5	48	48 - 40 = 8	\(\frac{48}{5}\) = 9.6