Waec Model Questions Vol1 2025 Economics Question 18

Practice objective / multiple choice question 18 from the 2025 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2025 Economics Objective / Multiple Choice Medium Difficulty
Question 18 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • ECONOMICS • objective

A farm's total product (TP) is obtained by adding the marginal products of each worker. The marginal product of the nth worker is MPₙ = 120 ÷ n (units). The farm currently employs 4 workers. If the farm hires two additional workers (making a total of 6 workers), what will be the total product after the sixth worker is hired, and what will be the average product of labor for the six workers?

Answer Options

Correct Answer A. Total product = 294 units; average product = 49 units per worker
B. Total product = 280 units; average product = 46.7 units per worker
C. Total product = 260 units; average product = 43.3 units per worker
D. Total product = 300 units; average product = 50 units per worker
Correct Answer
A
Correct Option:
Total product = 294 units; average product = 49 units per worker

About This Question

This is Waec Model Questions Vol1 2025 Economics Question 18. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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