When the Average Product of Labor is positive but declining, the Marginal Product of Labor could be? A. Declining B. zero C. negative D. any of the above
Question
Solution 1
The Marginal Product of Labor could be A. Declining.
Here's why:
The Average Product of Labor (APL) is the total output divided by the number of workers used to produce that output. When APL is positive but declining, it means that although output is still increasing with the addition of more lab Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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