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.
B) average cost due to the use of one more unit of input. C) total cost due to the production of one more unit of output. D) Average cost due to the production of one more unit of output. 17. Given that a firm is a price taker, the __________ the marginal physical product, the. ________ the marginal cost of output.