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

Author Question: The average product of labor is equal to the A) total product divided by the total number of ... (Read 150 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
The average product of labor is equal to the
 
  A) total product divided by the total number of workers hired.
  B) total number of workers hired divided by the total product.
  C) slope of the marginal product of labor curve.
  D) Both answers B and C are correct.

Question 2

All points above the budget line are
 
  A) inferior to every point on the budget line.
  B) preferred to every point on the budget line.
  C) unaffordable.
  D) Both answers B and C are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LVPMS

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Wow, this really help

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

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
History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
Average Global Temperatures Average Global Temperatures
Kepler’s Law of Equal Areas Kepler’s Law of Equal Areas
Which of the following is the most reasonable estimate of the number of characters (typed ... Which of the following is the most reasonable estimate of the number of characters (typed ...
Video: Heart sounds

For a complete list of videos, visit our video library