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-Refer to the Graph Above

Question 98

Multiple Choice

-Refer to the graph above.This firm uses labour and a fixed quantity of machines.Between 2 and 5 units of output,we know that A) the marginal product of labour must be increasing. B) the marginal product of labour must be decreasing. C) the marginal product of labour must be constant. D) the marginal product of labour must be higher than the wage rate. E) the figure does not relate to the marginal product of labour.
-Refer to the graph above.This firm uses labour and a fixed quantity of machines.Between 2 and 5 units of output,we know that


A) the marginal product of labour must be increasing.
B) the marginal product of labour must be decreasing.
C) the marginal product of labour must be constant.
D) the marginal product of labour must be higher than the wage rate.
E) the figure does not relate to the marginal product of labour.

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