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Author Question: If the average product of labor equals the marginal product of labor, then A) the average product ... (Read 85 times)

jman1234

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  • Posts: 560
on: Jul 1, 2018
If the average product of labor equals the marginal product of labor, then
 
  A) the average product of labor is at a maximum.
  B) the marginal product of labor is at a maximum.
  C) Both A and B above.
  D) Neither A nor B above.

Question 2

A product can be differentiated through
 
  A) physical changes to the product.
  B) marketing.
  C) creating barriers to entry.
  D) Both A and B.


bbburns21

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  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

D


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