Table 7.3 -Refer to Table 7.3.The Table Above Refers to the Relationship

question 54

Multiple Choice

Table 7.3
-Refer to Table 7.3.The table above refers to the relationship between the quantity of workers employed and the number of cardboard boxes produced per day by Manny's House of Boxes.The capital used to produce the boxes is fixed.The highest value of the average product of labour is ________ when Manny hires ________ workers.

• A)80; 3
• B)100; 3
• C)100; 2
• D)80; 4

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Definitions:

Age Set

A social category of people who share a similar age and, often, responsibilities, rites of passage, or duties within their community.

Laws Of Manu

An ancient Hindu text that outlines the moral, social, and legal duties of individuals according to their caste and stage of life, influencing traditional Indian society.

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Hindu Vedas

A collection of ancient sacred texts that form the foundation of Hindu philosophy, ritual, and religious practice, originally transmitted orally and later written in Sanskrit.