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Question
| Quantity of Labor | Total Product | Average Product | Marginal Product |
| 1 | 22 | 22 | 22 |
| 2 | 52 | 26 | 30 |
| 3 | 81 | 27 | 29 |
| 4 | 100 | 25 | 19 |
| 5 | 115 | 23 | 15 |
| 6 | 126 | 21 | 11 |
Refer to the above table. At what quantity of labor is the average product of labor maximized?
A) 1 unit.
B) 2 units.
C) 3 units.
D) 6 units.
Answer
This answer is hidden. It contains 1 characters.
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