Decent Donuts

-Using the table above, for which of the following levels of employment does the average product of labor exceed the marginal product of labor at Decent Donuts?
A) ten workers
B) seven workers
C) both of the above
D) neither of the above

Question

Decent Donuts
 
-Using the table above, for which of the following levels of employment does the average product of labor exceed the marginal product of labor at Decent Donuts?
A) ten workers 
B) seven workers 
C) both of the above 
D) neither of the above

Quizplus · Accepted Answer

The average product of labor exceeds the marginal product of labor when the marginal product is decreasing. This typically occurs after a certain number of workers are employed, indicating diminishing returns.

Decent Donuts -Using the Table Above, for Which of the Following Levels