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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.
For example, the economyâs marginal physical product for one unit of labor is 20. The economy adds one more unit of labor and total production is 35 products. The marginal physical product from adding one more unit of labor is 15 (35 - 20 = 15).