40) If 11 workers can produce a total of 54 units of a product and a 12th worker has a marginal product of 6 units, then the average product of 12 workers is A) 60 units. B) 54 units. C) 48 units. D) 5 units.

40) If 11 workers can produce a total of 54 units of a product and a 12th worker has a marginal product of 6 units, then the average product of 12 workers is A) 60 units. B) 54 units. C) 48 units. D) 5 units.

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 23RQ: Which costs are measured on per-unit basis: fixed costs, average cost, avenge variable cost,...

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Question

40) If 11 workers can produce a total of 54 units of a product and a 12th worker has a marginal product of 6 units,
then the average product of 12 workers is
A) 60 units. B) 54 units. C) 48 units. D) 5 units.

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