In the above figure, after the second worker is hired, the marginal product of labor is
A) increasing.
B) diminishing.
C) constant.
D) zero.
B
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The EPA formulated the Drinking Water Strategy (DWS)
a. under the Clinton administration b. to recognize the importance of addressing contaminants one at a time c. with four identified goals, including one to develop new drinking water technologies d. solely to revise regulations for private well water
Assume a country experiences heavy capital outflows. What is the first round effect on the real risk-free interest rate?
a. The change in the real risk-free interest rate is ambiguous. b. The real risk-free interest rate rises. c. The real risk-free interest rate falls. d. The real risk-free interest rate is unaffected.
Supply curves are ________________ upward sloping
A) always B) usually C) rarely D) never
What can a decision-making grid do?
a) tell you the right course of action b) show you every possible consequences of your decision c) help you determine some of the opportunity costs for your decision d) show you every possible benefit of your decisions