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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #729331
Introduction to Economics 1 Deneme Sınavı Sorusu #729331
Which of the followings stands for the division of the total product by the quantity of labor employed?
|
Increasing marginal returns |
|
Average product of labor |
|
Diminishing marginal returns |
|
Marginal product of labor |
|
Total product of labor |
Yanıt Açıklaması:
Average product of labor (APL) is equal to the division of the total product by the quantity of labor employed. The correct answer is B.
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