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Which of the following statements is true if afirm finds that with three workers it can produce 45 units? a.) The total product of labor
Which of the following statements is true if afirm finds that with three workers it can produce 45 units?
- a.)
- The total product of labor is 15 units.
- b.)
- The marginal revenue product of the third worker is 15 units.
- c.)
- The average product of labor is 15 units.
- d.)
- The marginal product of the third worker is 15 units.
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