Author Question: The median household income is A) the income that separates households into two equal groups. B) ... (Read 173 times)

123654777 · **on:** Jun 29, 2018

The median household income is

A) the income that separates households into two equal groups.
B) the most common household income.
C) the mean household income.
D) the average household income.

Question 2

In the table above, the marginal product of the third unit of labor is ________ units of output.

A) 3
B) 4
C) 12
D) 16