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    Exam 11: Output and Costs
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    Average Product of Labor Is Equal to
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Average Product of Labor Is Equal to

Question 113

Question 113

Multiple Choice

Average product of labor is equal to


A) total product multiplied by the quantity of labor employed.
B) the total product produced.
C) the quantity of labor employed divided by total product.
D) total product divided by the quantity of labor employed.

Correct Answer:

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