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Author Question: The profit-maximizing quantity of labor equates the marginal product of labor with A) total ... (Read 106 times)

@Brianna17

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on: Jun 30, 2018
The profit-maximizing quantity of labor equates the marginal product of labor with
 
  A) total factor productivity.
  B) the marginal product of capital.
  C) the real wage.
  D) the average product of labor.

Question 2

Changes in the capital stock are caused by changes in ________.
 
  A) the quantity of labor
  B) depreciation and investment
  C) depreciation and entrepreneurship
  D) depreciation and the quantity of labor


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Hikerman221

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


@Brianna17

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Mochi

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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