menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today
  4. Exam
    Exam 22: The Firm: Cost and Output Determination
  5. Question
    If Four Laborers Were Hired and We Discovered That We
Solved

If Four Laborers Were Hired and We Discovered That We

Question 320

Question 320

Multiple Choice

If four laborers were hired and we discovered that we could produce 88 units of production, what is the average physical product of labor?


A) 44
B) 352
C) 11
D) 22

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q19: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q30: The long run is<br>A) over one year.<br>B)

Q40: Changes in production functions are associated with

Q51: Due to extremely large fixed costs, an

Q71: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above

Q72: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -According to the

Q257: The production function<br>A) gives the maximum amount

Q318: An increase in output would result in

Q323: Economies of scale exist where the long-run

Q382: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines