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  3. Study Set
    Economics-Microeconomics
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    Exam 11: Output and Costs
  5. Question
    Total Product Divided by the Total Quantity of Labor Employed
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Total Product Divided by the Total Quantity of Labor Employed

Question 41

Question 41

Multiple Choice

Total product divided by the total quantity of labor employed equals the


A) average product of labor.
B) marginal product of labor.
C) average total cost.
D) average variable cost.

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