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The Average Product of Labor is __________.

A) the ratio of output to the number of workers used to produce that output.
B) the change in total product resulting from an extra unit of labor, holding other factors constant.
C) equal to the marginal product of labor when the average product is increasing.
D) the amount of output that can be produced by a given amount of labor.

Respuesta :

Karabo99

Answer:

A) the ratio of output to the number of workers used to produce that output.  

Explanation:

As per definition, the average product of labor = Total Output/Number of workers employed .

All the other choice involve the change in total cost/revenue/output which means it will be Marginal and not average.

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