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Author Question: Writing total output as Q, change in output as Q, total labor employment as L, and change in labor ... (Read 99 times)

bb

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on: Jul 1, 2018
Writing total output as Q, change in output as Q, total labor employment as L, and change in labor employment as L, the marginal product of labor can be written algebraically as
 
  A) Q  L.
  B) Q / L.
  C) L / Q.
  D) Q / L.

Question 2

See the information in Scenario 4.4. Does the demand curve for Rock and Roll Trivia slope downward?
 
  A) Yes it does.
  B) No it does not.
  C) More information is needed to answer this question.


Juro

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

D

Answer to Question 2

A


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