To answer,refer to the following: "Ford built 18 vehicles per auto employee in North America last year,while GM could only manage 12." The Wall Street Journal)
In comparison with GM,Ford had a higher
A)average product of labor.
B)average product of capital.
C)marginal product of labor.
D)marginal product of capital.

Question

Quizplus · Accepted Answer

The statement compares the number of vehicles produced per auto employee, indicating the average product of labor. Ford produced 18 vehicles per auto employee, while GM only produced 12. Therefore, Ford had a higher average product of labor than GM.

To Answer,refer to the Following: "Ford Built 18 Vehicles Per