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

Author Question: The profit-maximizing quantity of labor equates the marginal product of labor with A) total ... (Read 113 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
The profit-maximizing quantity of labor equates the marginal product of labor with
 
  A) total factor productivity.
  B) the marginal product of capital.
  C) the real wage.
  D) the average product of labor.

Question 2

Changes in the capital stock are caused by changes in ________.
 
  A) the quantity of labor
  B) depreciation and investment
  C) depreciation and entrepreneurship
  D) depreciation and the quantity of labor


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


@Brianna17

  • Member
  • Posts: 550
Reply 2 on: Jun 30, 2018
Excellent

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Total hip prosthesis. Total hip prosthesis.
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
Stages of labor. Stages of labor.
Find the lateral area, total surface area, and volume of the frustum Find the lateral area, total surface area, and volume of the frustum
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
What is the total resistance of the circuit in Figure 1? 150 What is the total resistance of the circuit in Figure 1? 150
Video: Peptide Bond Formation Animation

For a complete list of videos, visit our video library