Given that the level of labour is 10, the total production is 1,200, and the marginal product of labour is 200, what is the average product of labour
Given that the level of labour is 10, the total production is 1,200, and the marginal product of labour is 200, what is the average product of labour
Chapter11: The Firm: Production And Costs
Section: Chapter Questions
Problem 7P
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Given that the level of labour is 10, the total production is 1,200, and the marginal product of labour is 200, what is the average product of labour?
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