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Exhibit 7-13 the Total Product of Labor

question 18

Multiple Choice

Exhibit 7-13 The Total Product of Labor Exhibit 7-13 The Total Product of Labor   -Given the information in Exhibit 7-13, what is the average product when eight units of labor are employed? A)  more than two-thirds units of output B)  less than one-third of a unit of output C)  one and one-fourth units of output D)  two units of output E)  cannot be determined from the graph of<i> total product</i>
-Given the information in Exhibit 7-13, what is the average product when eight units of labor are employed?


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