In the above figure, the marginal product of labor is zero at point

A) a.
B) c.
C) e.
D) f.


C

Economics

You might also like to view...

If the inflation rate increases,

A) the real interest rate rises. B) real GDP growth increases. C) potential GDP increases. D) the nominal interest rate falls. E) the velocity of circulation increases.

Economics

What approach to fairness argues in favor of government policies that redistribute income so that there is more equality of income?

What will be an ideal response?

Economics

The present value of $1,500 received 8 years in the future would be calculated as which of the following when the interest rate is 3%?

A) 1,500/(1.03)8 B) 8.03/1,500 C) 1,500 × 1.3 × 8 D) 1,500/(1.3)8

Economics

Suppose a bond has a coupon of $75, face value of $1000, and current price of $1100. What is the coupon rate? What is its current yield? Report a percentage with two decimal places

What will be an ideal response?

Economics