In an Economy,100 Workers Can Produce 500 Units of Output

question 43

Multiple Choice

In an economy,100 workers can produce 500 units of output and 110 workers produce 600 units of output.Which of the following is true? The average product with

• A)100 workers is 500
• B)100 workers is 5
• C)110 workers is 600
• D)10 workers is 100
• E)Both a)and c)

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Definitions:

Back Translation

The process of translating a document that has already been translated into a foreign language back to the original language to check the accuracy of the first translation.

American English

A set of dialects of the English language used primarily in the United States, characterized by unique vocabulary, grammar, and pronunciation.

Product Literature

Printed or digital materials that provide information about a product's features, benefits, and use.

Consumer Ethnocentrism

Consumer Ethnocentrism is the belief held by consumers that products from their own country are superior to those from other countries, influencing their purchasing decisions.