Refer to the diagram. If labor is the only variable input, the average product of labor is at a
A)minimum at point b.
B)maximum at point b.
C)maximum at point a.
D)maximum at point c.

Question

Refer to the diagram. If labor is the only variable input, the average product of labor is at a
A)minimum at point b. 
B)maximum at point b. 
C)maximum at point a. 
D)maximum at point c.

Quizplus · Accepted Answer

The Answer of  Refer to the diagram. If labor is the only variable input, the average product of labor is at a
A)minimum at point b. 
B)maximum at point b. 
C)maximum at point a. 
D)maximum at point c.

Refer to the Diagram