If 1 orchard, 7 workers, and 3 tons of fertilizer yield 1,000 kg of apples, while 1 orchard, 7 workers, and 4 tons of fertilizer yield 1,300 kg of apples then a. the average product of labor equals 1,150 kg. B.the marginal product of labor cannot be calculated. C. the average product of fertilizer equals 1,150 kg. O d. the marginal product of fertilizer cannot be calculated.
If 1 orchard, 7 workers, and 3 tons of fertilizer yield 1,000 kg of apples, while 1 orchard, 7 workers, and 4 tons of fertilizer yield 1,300 kg of apples then a. the average product of labor equals 1,150 kg. B.the marginal product of labor cannot be calculated. C. the average product of fertilizer equals 1,150 kg. O d. the marginal product of fertilizer cannot be calculated.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 5SCQ: If two painters can paint 200 square feet of wall in an hour, and three painters can paint 275...
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If 1 orchard, 7 workers, and 3 tons of fertilizer yield 1,000 kg of apples, while 1 orchard, 7 workers, and 4 tons of fertilizer yield 1,300 kg of apples then
a. the average product of labor equals 1,150 kg.
B.the marginal product of labor cannot be calculated.
C. the average product of fertilizer equals 1,150 kg.
O d. the marginal product of fertilizer cannot be calculated.
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