Author Question: Refer to Scenario 14.2. What is the average product of the 4th worker? A) 4 B) 5 C) 6 D) ... (Read 40 times)

Kikoku · **on:** Jul 1, 2018

Refer to Scenario 14.2. What is the average product of the 4th worker?

A) 4
B) 5
C) 6
D) 6.5
E) 7

Question 2

How might department stores best protect themselves against the risk of recession?

A) Buy insurance policies that pay off when a recession occurs.
B) Stand ready to go out of business if a recession occurs.
C) Sell goods that are complements to one another.
D) Sell both substitute and complement goods.
E) Sell both normal and inferior goods.