Question: Average product is the: Select one: a. Maximum output attainable with a given quantity of inputs b. Total output divided by the total cost c.
Average product is the:
Select one:
a.
Maximum output attainable with a given quantity of inputs
b.
Total output divided by the total cost
c.
Change in total output due to a one unit change in input
d.
Average output per unit of an input
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