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Assume that average product for

Assume that average product for six workers is fifteen. If the marginal product of the seventh worker iseighteen, what is the
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2. asked by jerome
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Assume that average product for six workers is fifteen. If the marginal product of the seventh worker iseighteen, what is the
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2. asked by jerome
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Assume that average product for six workers is fifteen. If the marginal product of the seventh worker iseighteen, what is the
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2. asked by jerome
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Labor Output Average physical product Marginal product1 10 -- 2 10 12 3 10 15 4 52 5 10 9 14. Using the table at right, the
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2. asked by AOL
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Assume that the annual production function for good A is given by Q= 4k^1/2Ld^1/2L^1/2 , where k= capital , Ld = land, L= labour
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2. asked by Ayansa Dabesa soboka
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2. Suppose that the average product of labor increases as more workers are hired. Which of the following must be true?a.
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2. asked by mike
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As the variable input of production is increased, __________.the total product will increase unless the marginal product is
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2. asked by Dontillia
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As the variable input of production is increased, __________.the total product will increase unless the marginal product is
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2. asked by Dontillia
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All else held constant, if a firm hires more workers, __________.labor costs will decrease the average product may increase or
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2. asked by Dontillia
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All else held constant, if a firm hires more workers, __________.the average product will always be increasing it will tend to
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2. asked by Dontillia
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