Author Question: Average productivity will fall as long as A) marginal productivity is falling. B) it exceeds ... (Read 181 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
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.


memslove

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library