Question: We can use what weve learned to answer the question posed at the beginning of the chapter about how labor productivity, as measured by the

We can use what we’ve learned to answer the question posed at the beginning of the chapter about how labor productivity, as measured by the average product of labor, changes during a recession when a firm reduces its output by reducing the number of workers it employs. How much will the output produced per worker rise or fall with each additional layoff?

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