6
answers
0
watching
249
views
28 Sep 2019
2. Are the following statements true or false?
a. The average product of labor (APL ) may be increasing even if the marginal product of labor (MPL) is falling.
b. Diminishing marginal returns begin when APL = MPL.
c. If APL is falling then the total product must be decreasing.
d. MPL. is at its maximum when APL = MPL.
2. Are the following statements true or false?
a. The average product of labor (APL ) may be increasing even if the marginal product of labor (MPL) is falling.
b. Diminishing marginal returns begin when APL = MPL.
c. If APL is falling then the total product must be decreasing.
d. MPL. is at its maximum when APL = MPL.
rosemarvins12Lv10
6 Aug 2023
claralillia1Lv10
23 Jul 2023
Already have an account? Log in
Chika IlonahLv10
28 Sep 2019
Already have an account? Log in