Average Product Is Equal to

question 84

Multiple Choice

Average product is equal to

• A) marginal product + total product.
• B) total product ÷ marginal product.
• C) total product ÷ quantity of labor.
• D) total product × quantity of labor.
• E) marginal product × quantity of labor.

---

Definitions:

Operating Activities

Activities that constitute the primary or main activities of an organization, including sales, supply, and production functions, often reflected in the cash flow statement.

Indirect Method

A technique used in comprehensive cash flow statements, it adjusts net income for non-cash transactions and changes in working capital to calculate net cash from operating activities.

Cash Flow Statement

A financial report that provides a summary of the cash inflows and outflows for a business over a specific period.

Marketable Securities

Financial instruments and assets that can be easily translated into cash because they have high liquidity and short maturities.