If the Average Product of Labor Falls from 5 to 4.5

question 13

Multiple Choice

If the average product of labor falls from 5 to 4.5 when a sixth unit of labor is added,the marginal product of this sixth person is

• A) 27.
• B) 9.5.
• C) 4.5.
• D) 2.
• E) 0.5.

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Definitions:

Routine Management

The ongoing administrative and operational tasks performed as part of the regular function and maintenance of an organization or system.

Ethnic Groups

Groups of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Physician Visit

An encounter with a medical doctor for the purpose of obtaining healthcare services, advice, or treatment.

Sick Role

The concept describing the social expectations of an individual who is ill, including seeking treatment and striving towards recovery.