In Sam's Greenhouse Operation, Labor Is the Only Short Term

question 18

Multiple Choice

In Sam's greenhouse operation, labor is the only short term variable input. After completing a cost analysis, if the marginal product of labor is the same for each unit of labor, this will imply that

• A) the average product of labor is always equal to the marginal product of labor.
• B) the average product of labor is always greater that the marginal product of labor.
• C) the average product of labor is always less than the marginal product of labor.
• D) as more labor inputs are used, the average product of labor inputs will fall.

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