The Graph Below Illustrates the Average and Marginal Product of Labour

question 25

Multiple Choice

The graph below illustrates the average and marginal product of labour for Get Smart Enterprises.

-Refer to the graph above to answer this question.How many units of labour does the firm need to employ to achieve an output that minimizes average variable cost?

• A)1.
• B)3.
• C)6.
• D)9.
• E)12.

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Definitions:

Anhedonia

A loss of pleasure or interest in almost all activities or a lack of reactivity to usually pleasurable events.

Alogia

A reduction in the amount of speech output, often observed in individuals with schizophrenia or other mental health disorders.

Positive Symptoms

Abnormal additions to mental life, including the hallucinations, delusions, and disordered thought frequently experienced by patients with schizophrenia.

Social Withdrawal

The act of avoiding social situations and interactions, often due to anxiety, depression, or preference.