If you are new to degree days, you might want to skip straight to the brief introduction at the bottom of this page. You might also want to find out why 5,000+ energy professionals get data from here each month (and often a lot more frequently).
Your posts are moderated. Average product and marginal product: Average product (AP) is the output per unit of the variable factor employed. In other words, it is the productivity of the variable factor (VF). It is measured by dividing total product (TP) by amount of variable factor employed.i.e.verage product and marginal product: Average product (AP) is the output per unit of the variable factor employed. In other words, it is the productivity of the variable factor (VF). It is measured by dividing total product (TP) by amount of variable factor employed. i.e.
Page 2. the average product of the firm will increase. B) as a firm uses more of a variable resource, given the quantity of fixed resources, marginal product of the firm will eventually decrease. C) in the short run, the average total costs of the firm will eventually diminish.