Refer to Figure 11-1. If the marginal product of labor curve was plotted on this figure, with marginal product on the vertical axis, the marginal product of labor curve would
A) never intersect the horizontal axis.
B) intersect the horizontal axis at a point between the 5th and 6th unit of labor.
C) intersect the horizontal axis at a point between the 6th and 7th unit of labor.
D) intersect the horizontal axis at a point somewhere beyond the 8th unit of labor
Answer: B) intersect the horizontal axis at a point between the 5th and 6th unit of labor.
Explanation: The total product declines between the 5th and 6th unit of labor. This means the marginal product is negative and the marginal product curve would intersect the horizontal axis.
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