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Author Question: The marginal product of a variable input is best described as (Read 78 times)

bclement10

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on: May 25, 2020

Question 1

Occupational immobility is NOT caused by
◦ low educational attainment.
◦ national wage negotiations.
◦ fear of the unknown.
◦ poor training facilities.

Question 2

The marginal product of a variable input is best described as
◦ total product divided by the number of units of variable input.
◦ the additional output resulting from a one unit increase in the variable input.
◦ the ratio of the amount of the variable input that is being used to the amount of the fixed input that is being used.
◦ the additional output resulting from a one unit increase in both the variable and fixed inputs.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by bclement10 on May 25, 2020

chloejackso

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Reply #1 on: May 25, 2020
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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bclement10

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Reply 2 on: May 25, 2020
:D TYSM

robbielu01

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Reply 3 on: Yesterday
Excellent

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