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Which of the Following Statements Is True About the Average

Question 106

Multiple Choice

Which of the following statements is true about the average product of labour?


A) It is equal to total output divided by the quantity of labour inputs used.
B) It is equal to the increase in total output divided by the quantity of labour used.
C) It is equal to the change in the marginal product of labour.
D) It is equal to the quantity of labour inputs used divided by total output.

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