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Author Question: Joey cuts lawns during the summer. Let q equal the number of acres mowed per day, and let L equal ... (Read 74 times)

biggirl4568

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Joey cuts lawns during the summer. Let q equal the number of acres mowed per day, and let L equal the number of hours worked per day. Joey never works more than eight hours per day, and during that time his short-run production function is q = 0.2  L. Which of the following statements is FALSE?
 
  A) Joey's marginal productivity equals his average productivity.
  B) Joey's marginal productivity diminishes by 0.2 for each additional hour worked.
  C) Joey's average productivity is constant.
  D) Joey's marginal productivity is constant.

Question 2

If the marginal productivity of labor is constant for all levels of output, then the average productivity of labor
 
  A) is constant.
  B) equals the marginal productivity of labor.
  C) Both A and B above.
  D) Either A or B above but not both.


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billybob123

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biggirl4568

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Reply 2 on: Jul 1, 2018
:D TYSM


sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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