In production, the formula
total product/number of m...
In production, the formula
total product/number of men employedis used to calculate
Total product
Average product
Marginal product
Fixed product
Correct answer is B
No explanation has been provided for this answer.
Demand for money for speculative purposes means? ...
What accounts for the ‘U-shaped’ of the short run average cost (AC) curve? ...
A buyer who haggles in the market is applying the principle of ...
Which of the following is obtainable in a perfect market? ...
Economic development may be hindered if there is ...
Which of the following does not hinder the efficient distribution of goods in West Africa? ...
Which of the following is NOT a component of agriculture? ...
The term 'oil shock' is used to describe a situation in which ...