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The change in output caused by a one-unit change in labor is referred to as the

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The change in output caused by a one-unit change in labor is referred to as the

Question 1.

Use the information from the below table to answer following question(s).

In the above table, the marginal product of the sixth worker is

• 20.

• 25.

• 10.

• 15.

Question 2.

The change in output caused by a one-unit change in labor is referred to as the

• average product of labor.

• marginal product of labor.

• compounded physical product of labor.

• total product of labor.

Textbook

Economics Today: The Micro View

Edition: 19^th

Author: Miller

Read 49 times

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