[Answered] The median household income is A) the income that separates households into two equal groups. B) ...

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123654777

Hero Member
Posts: 585

on: Jun 29, 2018

The median household income is

A) the income that separates households into two equal groups.
B) the most common household income.
C) the mean household income.
D) the average household income.

Question 2

In the table above, the marginal product of the third unit of labor is ________ units of output.

A) 3
B) 4
C) 12
D) 16

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Marked as best answer by a Subject Expert

cpetit11

Sr. Member
Posts: 321

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

A

123654777

Member
Posts: 585

Reply 2 on: Jun 29, 2018

Excellent

TheNamesImani

Member
Posts: 334

Reply 3 on: Yesterday

TYSM

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