A Point on the Per-Worker Production Function Shows

question 70

Multiple Choice

A point on the per-worker production function shows:

• A)the total output produced by the labor force of an industry on the vertical axis for each level of capital per worker on the horizontal axis.
• B)the marginal output per worker on the vertical axis for each level of worker per unit of capital on the horizontal axis.
• C)the marginal output per worker on the vertical axis for each level of capital per worker on the horizontal axis.
• D)the level of capital per worker on the vertical axis for respective average output per worker on the horizontal axis.
• E)the average output per worker on the vertical axis for each level of capital per worker on the horizontal axis.

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Definitions:

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