The average product of labor depends on how many units of:
A) labor are used.
B) capital are used.
C) labor and capital are used.
D) None of the preceding statements is correct.

Question

Quizplus · Accepted Answer

The average product of labor is influenced by both the amount of labor and capital used. This is because the productivity of labor often depends on the capital (tools, equipment, technology, etc.) available to workers, in addition to the number of workers employed.

The Average Product of Labor Depends on How Many Units