An economic policy that is based on a flawed theory can, at ...

[renzo156]

An economic policy that is based on a flawed theory can, at times, provide a desired outcome.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume Ajax Company employs 100 workers and total revenue is 400,000 per week. When Ajax Company employs 101 workers, total revenue is 405,000 . The marginal revenue product of the 101st worker is:
 a. 40,000.
  b. 5,000.
  c. 405,000.
  d. none of these.

[kishoreddi]

Answer to Question 1

False

Answer to Question 2

b

[renzo156]

Excellent

[dyrone]

Thanks for the timely response, appreciate it