« previous next »

Author Question: The marginal physical product of labor is a. the slope of the total output curve at the relevant ... (Read 76 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jul 1, 2018
The marginal physical product of labor is
 a. the slope of the total output curve at the relevant point.
  b. the negative of the slope of the total output curve at the relevant point.
  c. the slope of the line connecting the origin with the relevant point on the total output curve.
  d. the negative of the slope of the line connecting the origin with the relevant point on the total output curve.

Question 2

If more and more labor is employed while keeping all other inputs constant, the marginal physical productivity of labor
 a. will eventually increase.
  b. will eventually decrease.
  c. will eventually remain constant.
  d. cannot tell from the information provided.


mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

There are several laws of thermodynamics critical to understanding physical processes. Two of those There are several laws of thermodynamics critical to understanding physical processes. Two of those
Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
Eclipse Paths for Total and Annular Eclipses 2001–2020 Eclipse Paths for Total and Annular Eclipses 2001–2020
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library