The resource market involves transactions dealing with

a. natural resources and financial services.
b. the borrowing and lending of financial capital.
c. the buying and selling of final goods and services.
d. labor services, natural resources, and physical capital.

D

Economics

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Refer to Table 11-1. What is the average product of labor when the farm hires 5 workers?

A) 4 pounds B) 10.8 bushels C) 38.2 pounds D) 54 pounds

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