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0220521

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Question 1

The figure presents Total Product (units of output per day) as a function of Labour (workers per day) hired.



FIGURE 7-2

Refer to Figure 7-2. After the firm hires the fifth worker, the average product of labour is


◦ 24 units.
◦ 29 units.
◦ 120 units.
◦ 160 units.
◦ 144 units.

Question 2

The figure presents Total Product (units of output per day) as a function of Labour (workers per day) hired.



FIGURE 7-2

Refer to Figure 7-2. After the firm hires the sixth worker, the average product of labour is


◦ 0 units.
◦ 160 units.
◦ 144 units.
◦ 27 units.
◦ 16 units.


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Marked as best answer by 0220521 on Oct 12, 2022

ealonif

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0220521

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


tkempin

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Reply 3 on: Yesterday
:D TYSM

 

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