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

Author Question: If the firm hires more labor, everything else held constant, then A) the marginal product of ... (Read 308 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
If the firm hires more labor, everything else held constant, then
 
  A) the marginal product of labor falls.
  B) output decreases.
  C) there is an increase in the marginal product of labor.
  D) total factor productivity falls.

Question 2

According the principle of time inconsistency, the most important element of policy making is
 
  a. predictability.
  b. transparency.
  c. credibility.
  d. judgment


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Excellent

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c
skeletal muscle consists of a group of fibers held together by connective tissue. It is enclosed in ... skeletal muscle consists of a group of fibers held together by connective tissue. It is enclosed in ...
The proportion of adults 55 to 64 in the labor force in Germany, Italy, and France is low and has ... The proportion of adults 55 to 64 in the labor force in Germany, Italy, and France is low and has ...
One-handed kneading. Tissues are lifted with the whole hand in firm contact. One-handed kneading. Tissues are lifted with the whole hand in firm contact.
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library