This topic contains a solution. Click here to go to the answer

Author Question: When labor usage is at 12 units, output is 36 units. From this we may infer that A) the marginal ... (Read 239 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
When labor usage is at 12 units, output is 36 units. From this we may infer that
 
  A) the marginal product of labor is 3.
  B) the total product of labor is 1/3.
  C) the average product of labor is 3.
  D) none of the above

Question 2

See the information in Scenario 4.4. Suppose P = 10, Pc = 100, Pd = 2, A = 5, and I = 50. How many games will be sold?
 
  A) -100
  B) 0
  C) 50
  D) 90
  E) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

D




mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jul 1, 2018
Excellent


steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library