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Author Question: When a firm hired its tenth worker, its factory output increased by four units per month. Would you ... (Read 116 times)

piesebel

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on: Jun 30, 2018
When a firm hired its tenth worker, its factory output increased by four units per month. Would you expect the firm's output to increase by eight more units per month if the firm hired two more workers?
 
  What will be an ideal response?

Question 2

Laborland has 1 million workers. Suppose 50,000 workers migrate from a neighboring country to join Laborland's work force. Which of the following will happen in this case if Laborland's capital stock remains unchanged?
 
  A) The country's income per worker will increase.
  B) The total efficiency units of labor in the economy will decrease.
  C) The relationship between output and capital stock becomes negative.
  D) The marginal contribution of labor to Laborland's output will fall.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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kescobar@64

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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piesebel

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

marict

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Reply 3 on: Yesterday
Excellent

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