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(Table: Capital and Labor I) Which of the Following Statements

Question 33

Multiple Choice

(Table: Capital and Labor I) Which of the following statements is (are) TRUE? (Table: Capital and Labor I) Which of the following statements is (are) TRUE? A) At L = 1, marginal product is greater than average product. B) At L = 3, the quantity of output produced per unit of labor is 82.2. C) The additional output produced by using the second unit of labor is 86.6. D) At L = 2, the AP<sub>L</sub> = L/Q = 186.6.


A) At L = 1, marginal product is greater than average product.
B) At L = 3, the quantity of output produced per unit of labor is 82.2.
C) The additional output produced by using the second unit of labor is 86.6.
D) At L = 2, the APL = L/Q = 186.6.

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