The Average Product of Labor Is

question 5

Multiple Choice

The average product of labor is

• A)The change in output that results from an increase of labor by one unit.
• B)Total output divided by total labor.
• C)The percentage change in output divided by the percentage change in labor.
• D)The output produced by a worker of average quality.

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Definitions:

Powerful

Having great influence, authority, or force over others or situations.

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Individuals who guide, influence, or direct others within an organization or group to achieve collective goals.

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Individuals who support and are guided by a leader, often contributing to the leaders' vision and goals through their cooperation and efforts.

W.K.Kellogg Foundation

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