Average product of labor is calculated as A. (total units of labor) / (total product). B. (marginal product) / (total product). C. (total product) / (total units of labor). D. total product) x (total units of labor).
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The average product of labor is the total output produced by a certain amount of labor, divided by the amount of labor used to produce that output. So, the formula for average product of labor is: Average product of labor = Total product / Total units of labor Show more…
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