« previous next »

Author Question: When the marginal product of labor is below the average product of labor, the average product must ... (Read 96 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
When the marginal product of labor is below the average product of labor, the average product must increase when employment increases.
 
  Indicate whether the statement is true or false

Question 2

The marginal product of labor equals the value of marginal product of labor multiplied by the price of the output produced.
 
  Indicate whether the statement is true or false


Liamb2179

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
The average percentages by polygraph exams The average percentages by polygraph exams
Use the product rule to find derivative Use the product rule to find derivative
Use the product rule to find derivative Use the product rule to find derivative
Video: Isovolumetric VC, Ventricular ejection, Isovolumetric & Passive ventricular filling

For a complete list of videos, visit our video library