If Another Worker Adds 9 Units of Output to a Group

question 238

Multiple Choice

If another worker adds 9 units of output to a group of workers who had an average product of 7 units, then the average product of labour

• A) will remain the same.
• B) will increase.
• C) will decrease.
• D) and what will happen to it cannot be determined.

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Definitions:

Rate of Return

The percentage gain or loss on an investment over a specified period, reflecting the income and appreciation of an investment.

Average Cumulative Investment

The total sum of all investments made over a period of time, divided by the number of investments.

Retail Store

A business establishment that sells goods to consumers, typically in small quantities.

Rate of Commission

A specific percentage of the sales amount or profit given to an agent or employee as part of their compensation.