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Author Question: The average product of labor exceeds the marginal product of labor A) when the average product of ... (Read 113 times)

Pineapplelove6

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on: Jun 29, 2018
The average product of labor exceeds the marginal product of labor
 
  A) when the average product of labor is falling.
  B) when the average product of labor is rising.
  C) when the marginal product of labor is at its maximum.
  D) when the average product of labor is at its maximum.

Question 2

In the table above, the marginal product of the first unit of labor is ________ units of output.
 
  A) 4
  B) 5
  C) 16
  D) 20


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TINA

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

A

Answer to Question 2

B


Pineapplelove6

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

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Reply 3 on: Yesterday
Excellent

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