Multiple Choice
-The table shows some data that describes Tom's T-Shirts' total product when Tom's has 1 sewing machine. When 4 workers are employed
A) average product of labor is a maximum.
B) marginal product of labor is less than average product of labor.
C) marginal product of labor exceeds average product of labor.
D) marginal product of labor equals average product of labor.
Correct Answer:
Verified
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