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Author Question: The formula ( MPL)( MRX), where Lis for labor and Xis the output, is for (Read 45 times)

nummyann

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on: Apr 19, 2019

Question 1

If the price of the product produced by labor decreases, the marginal revenue product of labor curve will


◦ be unaffected because productivity of labor has not changed.
◦ shift to the left.
◦ shift to the right.
◦ become more inelastic.

Question 2

The formula (
MPL)(
MRX), where 
L is for labor and 
X is the output, is for


◦ the marginal product of labor.
◦ the marginal revenue from labor.
◦ the marginal revenue product of labor.
◦ total revenue of labor.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by nummyann on Apr 19, 2019

akpaschal

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nummyann

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Reply #2 on: Apr 19, 2019
TY


akpaschal

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Reply #3 on: Apr 19, 2019
You're welcome


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