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Author Question: In the above table, what is average product when 4 workers are employed? A) 12 B) 10 C) 11.5 ... (Read 79 times)

audragclark

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on: Jun 29, 2018
In the above table, what is average product when 4 workers are employed?
 
  A) 12
  B) 10
  C) 11.5
  D) 9.5

Question 2

In the above figure, the economy is at point A when changes occur. If the new equilibrium has a price level of 120 and real GDP of 15.0 trillion, then it must be the case that
 
  A) aggregate demand has increased.
  B) aggregate demand has decreased.
  C) aggregate supply has decreased.
  D) aggregate supply has increased.


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taylorsonier

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

C

Answer to Question 2

C


audragclark

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  • Posts: 579
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

carlsona147

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Reply 3 on: Yesterday
Wow, this really help

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