Exhibit 7-13 the Total Product of Labor Given the Information

question 215

Multiple Choice

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 total product

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