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Author Question: When the marginal product of labor is below the average product of labor, the average product must ... (Read 125 times)

yoooooman

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on: Jun 29, 2018
When the marginal product of labor is below the average product of labor, the average product must increase when employment increases.
 
  Indicate whether the statement is true or false

Question 2

The marginal product of labor equals the value of marginal product of labor multiplied by the price of the output produced.
 
  Indicate whether the statement is true or false


Liamb2179

  • Sr. Member
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  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

FALSE


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