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Author Question: In the above figure, a price floor of 4 A) leads to a shortage. B) leads to a surplus. C) has ... (Read 102 times)

asd123

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on: Jun 29, 2018
In the above figure, a price floor of 4
 
  A) leads to a shortage.
  B) leads to a surplus.
  C) has no effect.
  D) shifts the demand curve leftward.

Question 2

At point d in the above figure, the average product of labor equals
 
  A) 15.
  B) 4.
  C) 3.75.
  D) approximately 1.


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robbielu01

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

B

Answer to Question 2

C


asd123

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

kishoreddi

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

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