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Author Question: An economic policy that is based on a flawed theory can, at times, provide a desired outcome. a. ... (Read 47 times)

renzo156

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on: Jun 30, 2018
An economic policy that is based on a flawed theory can, at times, provide a desired outcome.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume Ajax Company employs 100 workers and total revenue is 400,000 per week. When Ajax Company employs 101 workers, total revenue is 405,000 . The marginal revenue product of the 101st worker is:
 a. 40,000.
  b. 5,000.
  c. 405,000.
  d. none of these.


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kishoreddi

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


renzo156

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

peter

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Reply 3 on: Yesterday
:D TYSM

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