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Author Question: In the above figure, the straight line between the lower left corner and the upper right corner ... (Read 177 times)

sjones

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  • Posts: 520
on: Jun 29, 2018
In the above figure, the straight line between the lower left corner and the upper right corner shows
 
  A) perfect equality in income distribution.
  B) perfect inequality in income distribution.
  C) that wealth rises as income rises.
  D) that household size rises as income rises.

Question 2

Based on the production and revenue data in the above table, what is the marginal product of the 4th worker?
 
  A) 28
  B) 6
  C) 4
  D) 2


taylorsonier

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  • Posts: 377
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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