The Following Data Show the Total Output for a Firm

question 86

Multiple Choice

The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.
TABLE 7-3
-Refer to Table 7-3.The average product of labour when the firm hires 3 units of labour is ________.The average product of labour when the firm hires 4 units of labour is ________.

• A)30; 33
• B)90; 132
• C)60; 42
• D)90; 222
• E)30; 90

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Definitions:

Nonverbal Signals

Nonverbal signals refer to the ways individuals communicate without using words, including through gestures, facial expressions, posture, and eye contact.

Communication Process

The sequence of steps through which information is conveyed from one person or entity to another, often encapsulating encoding, transmitting, receiving, and interpreting messages.

Communication Efficiency

The effectiveness with which information is expressed and understood between parties, minimizing misunderstandings and maximizing clarity.

Noise

Unwanted or disruptive sounds or signals that interfere with the communication or processing of information.