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

Author Question: Look at the production schedule of the Widget Company below: Number of workers 0 1 2 3 4 5 ... (Read 69 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
Look at the production schedule of the Widget Company below:
 
  Number of workers 0 1 2 3 4 5
  Number of widgets 0 12 22 30 36 40
 
  What is the marginal product of the second worker?
  A) 8
  B) 10
  C) 12
  D) 22

Question 2

Points to the right of the IS schedule indicate that
 
  a. investment plus government spending will exceed saving plus taxes.
  b. the amount of money supplied exceeds the amount of money demanded.
  c. saving plus taxes will exceed investment plus government spending.
  d. the amount of money demanded exceeds the amount of money supplied.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

B

Answer to Question 2

C




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library