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Author Question: When the marginal product of labor is greater than the average product of labor, the A) marginal ... (Read 128 times)

vHAUNG6011

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on: Jun 29, 2018
When the marginal product of labor is greater than the average product of labor, the
 
  A) marginal product of labor must be increasing as labor increases.
  B) average product of labor must be increasing as labor increases.
  C) total product must be increasing at an increasing rate as labor increases.
  D) None of the above answers is correct.

Question 2

A firm with two or more owners who have unlimited liability is known as
 
  A) a partnership.
  B) a proprietorship.
  C) a corporation.
  D) an establishment.


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aham8f

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


vHAUNG6011

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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