Author Question: An economic policy that is based on a flawed theory can, at times, provide a desired outcome. a. ... (Read 48 times)

renzo156 · **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.