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Answer the Question on the Basis of the Following Output

Question 158

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Answer the question on the basis of the following output data for a firm. Assume that the amounts of all nonlabor resources are fixed. Answer the question on the basis of the following output data for a firm. Assume that the amounts of all nonlabor resources are fixed.   What is the firm's average product when three workers are hired? A) 18 units of output. B) 36 units of output. C) 42units of output. D) 21units of output. What is the firm's average product when three workers are hired?


A) 18 units of output.
B) 36 units of output.
C) 42units of output.
D) 21units of output.

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