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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #723581
Introduction to Economics 1 Deneme Sınavı Sorusu #723581
Which of the followings is equal to the average product of labor?
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The division of the total cost by the quantity of labor employed. |
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The division of the total cost by the quantity of natural resources used. |
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The division of the total product by the quantity of fixed inputs. |
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The division of quantity of labor employed by the total cost. |
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The division of the total product by the quantity of labor employed. |
Yanıt Açıklaması:
The average product of labor is equal to the division of the total product by the quantity of labor employed. Therefore, the correct option is E.
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