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a. equal to one at the level of output where average product is at a maximum.
b. the percentage change in labor required to produce one more unit of output.
c. equal to the ratio of total product to the quantity of labor employed.
d. a measure of the percentage change in output that can result when the quantity of labor is held constant.
I CHOOSE OPTION A .................................................................................................................................................
Option " A " Mr. Emad Is Right Answer
that's A ___________________________________________
Agree with the professionals...Thanks Mr Emad.
Option (A) equal to one at the level of output where average product is at a maximum.
A...............................................
Dear Emad,
Question... The output elasticity of labor is?
Answer... A. equal to one at the level of output where average product is at a maximum.
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Hany Sewilam AbdelHamid
Head of Business Development | Sales & Marketing
Entrepreneurship Coach & Consultant
Digital & Social Marketing Certified Expert
A
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a. equal to one at the level of output where average product is at a maximum......................................................................................................