The Total Output Produced by a Firm Divided by the Quantity

question 182

Multiple Choice

The total output produced by a firm divided by the quantity of workers employed by the firm is the definition of

• A)the marginal product of labour.
• B)the division of labour.
• C)the average product of labour.
• D)the average cost of production.

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Definitions:

St. John's Wort

A herbal remedy often used for treating depression and various conditions due to its believed antidepressant properties.

Melatonin

A hormone released by the pineal gland when a person’s surroundings are dark.

Black Cohosh

A herb often used to manage symptoms of menopause and menstrual discomfort due to its supposed estrogen-like effects.

Tricyclics

A class of antidepressant drugs used primarily for the treatment of major depression and other mood disorders.