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

Economics

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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.

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Supply curves are ________________ upward sloping

A) always B) usually C) rarely D) never

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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

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