Author Question: Writing total output as Q, change in output as Q, total labor employment as L, and change in labor ... (Read 114 times)

bb

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Writing total output as Q, change in output as Q, total labor employment as L, and change in labor employment as L, the marginal product of labor can be written algebraically as
 
  A) Q  L.
  B) Q / L.
  C) L / Q.
  D) Q / L.

Question 2

See the information in Scenario 4.4. Does the demand curve for Rock and Roll Trivia slope downward?
 
  A) Yes it does.
  B) No it does not.
  C) More information is needed to answer this question.



Juro

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Answer to Question 1

D

Answer to Question 2

A



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