When there are diminishing marginal returns to labor, the marginal product of the last worker hired must be negative.
Indicate whether the statement is true or false
Question 2
The Loma Linda City Council made it official in June 2008, passing the most restrictive smoking ordinance yet in the Inland area. Dr. Linda Ferry, who counsels veterans on quitting smoking at Jerry L.
Pettis Memorial VA Medical Center, said that the smoking ordinance would protect children from exposure to secondhand smoke and discourage teenagers and adults from taking up smoking. What is TRUE about this situation? A) Marginal external costs are negative.
B) Marginal external benefits are positive.
C) Marginal external costs are positive.
D) Marginal external benefits are negative.
Child Labor Rates and GDP Worldwide
This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc
The diminishing effects on body weight of a low-calorie diet and a high-calorie diet.
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Importance of Considering Gestalt Principles in Product Design (2 of 2)
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering