Average product will fall as long as
A) marginal product is falling.
B) it exceeds marginal product.
C) it is less than marginal product.
D) the number of workers is increasing.
Question 2
If a firm is a profit maximizer and faces positive marginal costs,
A) there is a natural limit to the size of the firm, where MR = 0.
B) there is no natural limit to the size of the firm; it can be as large as it wants to be.
C) there is a natural limit to the size of the firm, where MR > 0.
D) there is no natural limit to the size of the firm, hence the need for government regulation.
Killer Whale - Size comparison to an average human.
(a) The relative age ranges of different dating techniques depend upon the half-life of the system u
Long-Term Potentiation and Long-Term Depression
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
The level of emissions from transport in the United States is twice as high as the global average
Long noncoding RNAs mediate transcriptional activation