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Author Question: The marginal product of labor is defined as the increase in output attributable to the last worker ... (Read 49 times)

HudsonKB16

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on: Jun 29, 2018
The marginal product of labor is defined as the increase in output attributable to the last worker hired divided by the total number of workers employed.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is a possible government solution to the problem posed by a good with an external benefit?
 
  A) Give a voucher to buyers of the good.
  B) Tax the consumption of the good.
  C) Tax the production of the good.
  D) All of the above are possible solutions.


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Anonymous

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


HudsonKB16

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Reply 2 on: Jun 29, 2018
Excellent

sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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