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Use the Following Table to Answer the Question Below: the Amount

Question 27

Multiple Choice

Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital.
Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. If the capital stock is fixed at four units and there are three units of labor,what is the average product of labor? A) 50 B) 140 C) 157.5 D) 170 E) none of the above If the capital stock is fixed at four units and there are three units of labor,what is the average product of labor?


A) 50
B) 140
C) 157.5
D) 170
E) none of the above

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