When the marginal and average products of labor are equal to each ...

[melly21297]

When the marginal and average products of labor are equal to each other, the
 
  A) average product must be at its maximum value.
  B) marginal product must be at its maximum value.
  C) total product must be at its maximum value.
  D) None of the above answers is correct

Question 2

________ economists believe that the economy is self-regulating and always at full employment.
 
  A) Keynesian
  B) Monetarist
  C) Classical
  D) All

[jackie]

Answer to Question 1

A

Answer to Question 2

C

[melly21297]

Thanks for the timely response, appreciate it

[TheNamesImani]

Excellent