If We Graph the Average Product of Labor as a Function

question 22

Multiple Choice

If we graph the average product of labor as a function of the quantity of capital employed by a firm operating along its production function,when the technology improves while holding both labor and capital constant,the average product of labor curve is

• A) upward sloping
• B) shifts upwards
• C) downward sloping
• D) shifts downwards

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Definitions:

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