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Author Question: When the marginal product curve is above the average product curve, ________ as output increases. ... (Read 96 times)

Starlight

  • Hero Member
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  • Posts: 567
on: Jun 29, 2018
When the marginal product curve is above the average product curve, ________ as output increases.
 
  A) average product must decrease
  B) average product must increase
  C) marginal product must decrease
  D) marginal product must increase

Question 2

The table above gives some of the entries in the national income and product accounts. What is the value of exports?
 
  A) 350 billion
  B) 300 billion
  C) -25 billion
  D) 25 billion


essyface1

  • Sr. Member
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  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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