This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the marginal and average products of labor are equal to each other, the A) average product ... (Read 72 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jackie

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


melly21297

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
Gracias!

Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Average Normal Blood Pressure Readings Average Normal Blood Pressure Readings
Sex Hormone Products Sex Hormone Products
North Korea: Labor Issues North Korea: Labor Issues
Actions of mutM, mutT, and mutY gene products in countering the mutagenic effect of 8-oxoguanine -oG Actions of mutM, mutT, and mutY gene products in countering the mutagenic effect of 8-oxoguanine -oG
Kepler’s Law of Equal Areas Kepler’s Law of Equal Areas
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library