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When labor used is 12 units and output is 36, then a) the marginal product of labor is 3. b) the total product of labor is 1/3. c) the average product of labor is 3. d) None of …

When labor used is 12 units and output is 36, then a) the marginal product of labor is 3. b) the total product of labor is 1/3. c) the average product of labor is 3. d) None of …
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When labor used is 12 units and output is 36, then

a) the marginal product of labor is 3.
b) the total product of labor is 1/3.
c) the average product of labor is 3.
d) None of the above

User Austin Salonen
by
8.2k points

1 Answer

5 votes
C) the average product of labor is 3
User Jacob Bruinsma
by
7.9k points
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