This topic contains a solution. Click here to go to the answer

Author Question: In the above table, the marginal revenue from the fourth unit of output is A) 30. B) 147. C) ... (Read 59 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
In the above table, the marginal revenue from the fourth unit of output is
 
  A) 30.
  B) 147.
  C) 150.
  D) 180.

Question 2

The table shows some data that describes Tom's T-Shirts' total product when Tom's has 1 sewing machine. When 4 workers are employed, ________.
 
  A) average product of labor is a maximum
  B) marginal product of labor is less than average product of labor
  C) marginal product of labor exceeds average product of labor
  D) marginal product of labor equals average product of labor



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
Answer to Question 1

A

Answer to Question 2

B




karateprodigy

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

For a complete list of videos, visit our video library