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:

Informal Assessment

An unstructured method of evaluating student learning or performance without standardized tools or criteria.

Assessment Instruments

Tools or methods used to evaluate, measure, or quantify the characteristics or abilities of individuals.

Time Sampling

A method of observational study where data is collected at specific and regular intervals over a period to analyze the occurrence of certain behaviors or events.

Informal Assessment

An evaluation process that is less structured and may include observations, interviews, or unstandardized tests to gather information.