In the above figure, the marginal product of labor is zero at ...

[mp14]

In the above figure, the marginal product of labor is zero at point
 
  A) a.
  B) c.
  C) e.
  D) f.

Question 2

If a firm chooses to produce 100 units of output for 150 with 10 units of labor and 12 units of capital, when they could produce the same 100 units for 120 with 10 units of labor and 8 units of capital, the firm is technologically ________ and
 
  economically ________. A) efficient; inefficient
  B) inefficient; efficient
  C) efficient; efficient.
  D) inefficient; inefficient

[xthemafja]

Answer to Question 1

C

Answer to Question 2

D

[mp14]

TYSM

[mohan]

Excellent