Home » Economics » In production , the formula total product/number of men employed is used to calculateIn production , the formula total product/number of men employed is used to calculate In production , the formula total product/number of men employed is used to calculate A. total product B. average product C. marginal product D. fixed product Correct Answer: Option B Explanation Related Posts Who controls a limited liability company ? As the level of output increases, the average fixed cost of a firm will One of the advantages of international trade is that it? In order to reduce hardship faced by consumers due to high prices government can introduce The marketing of agricultural commodities in Nigeria is hampered by A continuous increase in national income accompanied by the structural transformation of all indices is…
A continuous increase in national income accompanied by the structural transformation of all indices is…