Refer to the Above Data

question 66

Multiple Choice

Refer to the above data.Average product is at a maximum when:

• A) five workers are hired.
• B) four workers are hired.
• C) three workers are hired.
• D) two workers are hired. Average product at two workers is 90/2 = 45.This is the highest average product of all worker levels.

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Definitions:

Contractor

An individual or company that undertakes a contract to provide materials or labor to perform a service or do a job.

Canada Revenue Agency

The federal agency responsible for administering tax laws for the Government of Canada and for most provinces and territories.

Contractors

Individuals or companies that provide services or perform tasks on behalf of another entity under the terms of a contract, rather than being employed directly.

Classification

The process of organizing or categorizing items, information, or jobs into specific groups or categories.