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Author Question: Average productivity will fall as long as A) marginal productivity is falling. B) it exceeds ... (Read 152 times)

urbanoutfitters

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on: Jul 1, 2018
Average productivity will fall as long as
 
  A) marginal productivity is falling.
  B) it exceeds marginal productivity.
  C) it is less than marginal productivity.
  D) the number of workers is increasing.

Question 2

The Marginal Product of Labor is
 
  A) the change in total product resulting from an extra unit of labor, holding other factors constant.
  B) the ratio of output to the number of workers used to produce that output.
  C) the amount of output that can be produced by a given amount of labor.
  D) equal to the marginal product of labor when the average product is increasing.
Microeconomics ¦ Perloff ¦ 8th Edition
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memslove

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


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