Answer the Question on the Basis of the Following Output

question 104

Multiple Choice

Answer the question on the basis of the following output data for a firm. Assume that the amounts of all nonlabor resources are fixed. What is the firm's average product when three workers are hired?

• A)18 units of output.
• B)36 units of output.
• C)42units of output.
• D)21units of output.

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Definitions:

Saddle

A supportive structure placed on the back of an animal for riding or an engineering component designed to spread load.

Longitudinal Axis

An imaginary line running from the top to the bottom of an object, defining its vertical orientation.

Rotation

The act of turning around an axis or center point.

Circumduction

A circular movement of a limb extending from the joint, combining flexion, extension, abduction, and adduction.