Author Question: When the marginal and average products of labor are equal to each other, the A) average product ... (Read 33 times)

melly21297 · **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