Assume the Total Product of Two Workers Is 110 and the Total

question 259

Multiple Choice

Assume the total product of two workers is 110 and the total product of three workers is 120. The three worker's average product is ________ while the third worker's marginal product is ________.

• A) 40; 10
• B) 40; 20
• C) 50; 10
• D) 120; 110

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Definitions:

Actual Words

The specific, real words spoken or written rather than implied meaning or interpretation.

Communication

The exchange of information, ideas, or feelings between individuals or groups through speaking, writing, or using a common system of signs or behavior.

Al Ries

A marketing professional known for his work on branding and positioning strategies, co-authoring several influential books on marketing.

Singular Goal

A focused or specific objective that an individual or organization aims to achieve, often characterized by its clarity and simplicity.