Economics: Principles, Problems, and Policies, 19th Edition

by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.

Published by McGraw-Hill Education

ISBN 10: 0073511447

ISBN 13: 978-0-07351-144-3

Chapter 19 - Agriculture: Economics and Policy - Problems - Page 409: 3a

Answer

Average output per acre: 40 bushels/acre Average output per worker: 4000 bushels/worker

Work Step by Step

The average output per acre is equal to the amount produced divided by the number of acres. So, we have $\frac{40,000}{1,000}$ = 40 bushels/acre The average output per worker is equal to the amount produced divided by the number of workers. So, we have $\frac{40,000}{10}$ = 4000 bushels/worker

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