Author Question: Refer to the table above. The marginal product of workers falls below zero when the ________ worker ... (Read 164 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
Refer to the table above. The marginal product of workers falls below zero when the ________ worker is hired.
 
  A) first
  B) fourth
  C) sixth
  D) seventh

Question 2

Which of the following correctly defines the term equilibrium?
 
  A) It refers to analysis that uses data to arrive at conclusions.
  B) It refers to a situation where all agents are simultaneously optimizing.
  C) It refers to an optimizing decision made by an individual economic agent.
  D) It refers to government intervention that efficiently allocates scarce resources.



connor417

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library