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Author Question: In the above table, what is average product when 4 workers are employed? A) 12 B) 10 C) 11.5 ... (Read 78 times)

audragclark

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on: Jun 29, 2018
In the above table, what is average product when 4 workers are employed?
 
  A) 12
  B) 10
  C) 11.5
  D) 9.5

Question 2

In the above figure, the economy is at point A when changes occur. If the new equilibrium has a price level of 120 and real GDP of 15.0 trillion, then it must be the case that
 
  A) aggregate demand has increased.
  B) aggregate demand has decreased.
  C) aggregate supply has decreased.
  D) aggregate supply has increased.


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taylorsonier

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


audragclark

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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