Refer to the table shown.Number of WorkersTotal Product per Hour124244360474584690792The marginal physical product of the sixth worker is ________, and the average product of six workers is ________.
A. 2; 13
B. 13; 2
C. 6; 15
D. 15; 6
Answer: C
You might also like to view...
Are your total and marginal utility of ice cream schedules determined by the price of ice cream?
What will be an ideal response?
Unemployed U.S. residents who are, in effect, merely searching for work between jobs, are defined as
A) frictionally unemployed. B) structurally unemployed. C) cyclically unemployed. D) seasonally unemployed.
The demand curve for investment depicts:
a. an inverse relationship between interest rate and aggregate demand. b. an inverse relationship between interest rate and investment c. an inverse relationship between price level and real GDP. d. a direct relationship between interest rate and quantity of money. e. a direct relationship between aggregate demand and real GDP.
Which of the following is a feature of a bond market? a. Only households can borrow money through a bond market
b. Only corporations can borrow money through a bond market. c. Both households and corporations borrow money from a bond market. d. Both corporations and government borrow money from a bond market.