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(Table: Short-Run Production I) the Short-Run Production Situation for a Firm

Question 15

Multiple Choice

(Table: Short-run Production I) The short-run production situation for a firm is listed on this table. (Table: Short-run Production I) The short-run production situation for a firm is listed on this table. The average product of labor when there are four units of labor is ____. A) 50 B) 40 C) 33.33 D) 27.5 The average product of labor when there are four units of labor is ____.


A) 50
B) 40
C) 33.33
D) 27.5

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