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Author Question: Based on the data in the table above, what is the average product of labor when Decent Donuts ... (Read 119 times)

Starlight

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on: Jun 29, 2018
Based on the data in the table above, what is the average product of labor when Decent Donuts employs five workers?
 
  A) 16.66 dozen donuts per day
  B) 17.2 dozen donuts per day
  C) 20 dozen donuts per day
  D) 22 dozen donuts per day

Question 2

In the above figure, at the point where AD equals SAS
 
  A) real GDP exceeds potential GDP.
  B) potential GDP exceeds real GDP.
  C) the economy is in a recession.
  D) the unemployment rate is zero.


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emilymalinowski12

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

B

Answer to Question 2

A


Starlight

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Reply 2 on: Jun 29, 2018
Excellent

bassamabas

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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