The market process avoids creative destruction. Indicate whether ...

[Shelles]

The market process avoids creative destruction.
  Indicate whether the statement is true or false

Question 2

Bob's Baubles, Inc, sells its product for 3 each in a perfectly competitive market. If it increases its workforce from 1,000 to 1,001, its output goes from 615 to 625 per day. Its marginal revenue product for the 1,001st worker is:
 a. 3.
 b. 1, 845.
  c. 30.
 d. 3,003.

[huda]

Answer to Question 1

False

Answer to Question 2

c

[Shelles]

Thanks for the timely response, appreciate it

[31809pancho]

Excellent