Multiple Choice
Exhibit 7-13 The Total Product of Labor 
Given the information in Exhibit 7-13, what is the average product when three units of labor are employed?
A) more than two-thirds units of output
B) less than one-third of a unit of output
C) less than the average product when two units of labor are employed
D) more than the average product when two units of labor are employed
E) cannot be determined from the graph of total product
Correct Answer:
Verified
Correct Answer:
Verified
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