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Author Question: Based on the data in the table above, when Decent Donuts hires eight workers, the A) average ... (Read 105 times)

kfurse

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on: Jun 29, 2018
Based on the data in the table above, when Decent Donuts hires eight workers, the
 
  A) average product of labor is greater than the marginal product.
  B) marginal product of labor is greater than the average product.
  C) marginal product of labor is equal to the average product.
  D) marginal product of labor is not defined.

Question 2

Elaine spends 10 a week on pizza and Pepsi. The price of pizza is 2 a slice and the price of a Pepsi is 2. The table shows Elaine's total utility from pizza and Pepsi.
 
  Elaine maximizes her total utility by buying ________ slices of pizza and ________ Pepsis a week. A) 5; 0
  B) 0; 5
  C) 3; 2
  D) 2; 3


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mjbamaung

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

A

Answer to Question 2

D


kfurse

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Reply #2 on: Jun 29, 2018
Correct answers!


mjbamaung

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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