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Business, 14.04.2020 22:17 payshencec21

The Average Product of Labor is Question 17 options: A) the ratio of output to the number of workers used to produce that output. B) the amount of output that can be produced by a given amount of labor. C) the change in total product resulting from an extra unit of labor, holding other factors constant. D) equal to the marginal product of labor when the average product is increasing.

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