Question

LaborOutputAverage Physical ProductMarginal Product
110 -
2 12
3 15
452
5 9

Using the above table, the total product and average physical product when 5 workers are employed are

A) 61 and 21, respectively.

B) 62 and 13, respectively.

C) 62 and 15, respectively.

D) 61 and 12.2, respectively.

Answer

This answer is hidden. It contains 1 characters.