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equation to calculate average product. Total product is divided by the quantity of the variable input to find average product. We can use this production function to find the total product of labor the marginal product of labor and the average product of labor.
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We can use this production function to find the total product of labor the marginal product of labor and the average product of labor. Now we can combine the two functions to determine the students final grade based on their scores and the weights of each score. The following is the formula that can be used to calculate most percentage averages.
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Since an average is determined by dividing a sum of all numbers by the number of numbers we can combine the two functions into a single formula written as SUMPRODUCTA2A4B2B4 SUMB2B4. This average product of 12 tons per square kilometer is when labor is constant at 3 people each working 10 hours a day. The senior management of the company wants to study the impact of the increase in man hours on the overall production output. Q n-1 is the Total Production at time n-1.
