This topic contains a solution. Click here to go to the answer

Author Question: Using the data in the above table, if the firm employs 5 workers, total product (measured in units ... (Read 21 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
Using the data in the above table, if the firm employs 5 workers, total product (measured in units per day) and average product and marginal product of the fifth worker (measured in units per worker) are
 
  A) 23, 5.00, and 4 respectively.
  B) 23, 5.75, and 4 respectively.
  C) 25, 5.00, and 2 respectively.
  D) 25, 5.75, and 4 respectively.

Question 2

In June 2008, 1 bought 0.5 pounds and in October, 1 bought 0.65 pounds. As a result of this change, ________ between June and October.
 
  A) the demand for dollars increased
  B) the dollar appreciated and the quantity of dollars demanded decreased
  C) the dollar depreciated and the quantity of dollars demanded decreased
  D) the demand for dollars decreased



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

C

Answer to Question 2

B




mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library