If We Have Information About Workers' Marginal Products, Then Total

question 193

Multiple Choice

If we have information about workers' marginal products, then total and average product can be found by

• A)dividing marginal costs by the number of workers.
• B)multiplying the average marginal product times the number of workers.
• C)summing the marginal values to find the total and multiplying it times the number of workers to get the average.
• D)summing the marginal values to find the total and dividing it by the number of workers to get the average.

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Definitions:

POST

Power-On Self Test, a diagnostic testing sequence computers run automatically when powered on to check for hardware failures.

Operating System

System software that manages computer hardware and software resources and provides common services for computer programs.

ROM

Stands for Read-Only Memory, a type of non-volatile memory used in computers and electronic devices to store firmware or application software in a way that is not easily modified.

RAM

Random Access Memory, a type of computer memory that can be accessed randomly and is used for storing data temporarily during operations.