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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
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Aug 10, 2024
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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
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Austin Salonen
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C) the average product of labor is 3
Jacob Bruinsma
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Aug 15, 2024
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Jacob Bruinsma
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