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Aaliyah Sapno
on Nov 04, 2024

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At the Larson Bakery the marginal products of the first, second, and third sales clerks are 30, 27, and 21 customers served, respectively. The total product (number of customers served) of the three sales clerks is

A) 30.
B) 57.
C) 78.
D) 109.

Total Product

Total Product refers to the overall quantity of output that a firm produces, usually with respect to a given quantity of inputs over a specific period of time.

Marginal Products

The additional output produced as a result of utilizing one more unit of a particular input.

  • Compute and elucidate the mean and incremental output of labor.
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Kevin TrindadeNov 09, 2024
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