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Author Question: Jeremiah runs a bullfrog farm in Frogville, Oklahoma. Jeremiah notices that each additional worker ... (Read 125 times)

panfilo

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on: May 24, 2019
Jeremiah runs a bullfrog farm in Frogville, Oklahoma. Jeremiah notices that each additional worker he employs adds more to the total output than does the previous worker. Jeremiah must be
◦ experiencing increasing marginal returns to labor.
◦ producing at a point where the average product of labor decreases as more workers are employed.
◦ producing at a point below his total product curve.
◦ mistaken because the law of decreasing returns points out that it cannot be the case that the marginal product increases as more workers are employed.
◦ producing at a point where the average product of labor exceeds the marginal product of labor.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by panfilo on May 24, 2019

chreslie

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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panfilo

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Reply #2 on: May 24, 2019
Thank you!


chreslie

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Reply #3 on: May 24, 2019
Always glad to help...


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