The average product of labor of workers in the Sony electronics facility that builds televisions is 20 TVs per worker per day. The marginal product of labor at the current level of output is also 20 TVs per worker per day. If more workers are hired to fill additional orders for televisions, Select one: O a. the average product of labor will increase. O b. the marginal product of labor will increase. O c. the average product of labor will decrease. O d. None of the above.
The average product of labor of workers in the Sony electronics facility that builds televisions is 20 TVs per worker per day. The marginal product of labor at the current level of output is also 20 TVs per worker per day. If more workers are hired to fill additional orders for televisions, Select one: O a. the average product of labor will increase. O b. the marginal product of labor will increase. O c. the average product of labor will decrease. O d. None of the above.
Chapter1: Making Economics Decisions
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![The average product of labor of workers in the Sony electronics facility that builds televisions
is 20 TVs per worker per day. The marginal product of labor at the current level of output is
also 20 TVs per worker per day. If more workers are hired to fill additional orders for
televisions,
Select one:
a. the average product of labor will increase.
O b. the marginal product of labor will increase.
O c. the average product of labor will decrease.
O d. None of the above.
Other things being equal, an increase in the average product of labor in steel production will
Select one:
O a. decrease the average variable cost of steel.
O b. increase the average variable cost of steel.
O c. increase the average cost of steel.
O d. Both (b) and (c).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F477b707f-954c-4fee-8456-ba2ecec2b564%2Fc993925e-5fa9-4b99-8d51-0284d3a8aa3b%2F8zlsqsnj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The average product of labor of workers in the Sony electronics facility that builds televisions
is 20 TVs per worker per day. The marginal product of labor at the current level of output is
also 20 TVs per worker per day. If more workers are hired to fill additional orders for
televisions,
Select one:
a. the average product of labor will increase.
O b. the marginal product of labor will increase.
O c. the average product of labor will decrease.
O d. None of the above.
Other things being equal, an increase in the average product of labor in steel production will
Select one:
O a. decrease the average variable cost of steel.
O b. increase the average variable cost of steel.
O c. increase the average cost of steel.
O d. Both (b) and (c).
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